Investors Bite

SEC Commended on establishment of Capital Market Development Fund

October 30, 2017/SEC The Securities and Exchange Commission (SEC) has been commended on the establishment of the Nigerian Capital Market Development Fund (NCMDF). Speaking at the inauguration of the board of NCMDF, Former Chairman of the Board of SEC and former DG, Dr. Suleyman Ndanusa  commended the  SEC on its efforts at […]

NSEASI Opens Week on Positve Note on Gains in the Banking Sector

October 30, 2017/InvestmentOne Research he Nigerian equities market closed positive today, gaining +0.06%  DANGFLOUR (+10.19%) was the market’s best performer while MORISON (-4.76%) was the worst performer.  However, market breadth index closed negative as 21 stocks declined against 18 stocks that gained.   FBNH (-0.81) led the market in terms […]

Diamond Bank Reported Pre-tax and After-tax Losses of -N4.1bn and -N2.3bn Respectively in Q3 2017

Culled—Proshare October 30, 2017/ FBNQuest Research  Event: Diamond Bank reports Q3 2017 results Implications: Downward revisions to consensus PBT forecasts and negative reaction from the market likely Positives: Limited to OCI gains Negatives: The bank reported pre-tax and after-tax losses of -N4.1bn and -N2.3bn respectively  Diamond Bank’s (Diamond) Q3 2017 […]