Investors Bite

Nigerian Stocks Close Green, ASI up 0.22% on Gains in Consumer Goods Counters

October 12, 2017/InvestmentOne Research ASI gains +0.22%  Also, market breadth index closed positive as 30 stocks advanced compared with 13 stocks that declined. MANSARD (+6.49%) topped the gainers’ chart while UPL (-4.90%) was the worst performer. In the same vein as yesterday, DIAMONDBNK (+5.00%) was the most actively traded stock […]

Neimeth Announces Exit of Godfrey Ohuabunwa as Non-Executive Director

October 12, 2017/NSE The Board of Directors of Neimeth International Pharmaceuticals Plc announces the resignation of its Non-Executive Director Sir Godfrey Nnamdi Ohuabunwa. He joined the company’s Board as a Non-Executive Director in February 2004. His resignation was necessitated by his increasing schedules which no longer availed him time to […]

Bears Sustain Hold on NSE Second-Straight Session on Sell-Offs in Bellwether Stocks

October 11, 2017/InvestmentOne Research Please click to download the Market Report for Wednesday 11th October 2017 EQUITIES:   Following the continued sell-off in NB (-112pts) as well as the declines in STANBIC (-27pts) and UBA (-17pts), which more than outweighed the gains in SEPLAT (+12pts) and NESTLE (+7pts), the equities market closed […]