Investors Bite

NSEASI Heads North on Increased Investor Interest in Banking Counters

October 3, 2017/InvestmentOne Research ASI as at 12.00pm: +0.02% Market movers: CILEASING (+9.82%), LEARNAFRCA (+6.76%), PZ (-6.81%),  UCAP (-4.29%)  Sector Performances: Industrial (+1.02%), Banking (+0.33%), Consumer Goods (-0.66%),  Oil & Gas (-0.37%)  Market activity: Activity levels appear relatively flat, compared to this time on Friday, as investors have exchanged c.94m units […]

PZ Cussons Reports N123.08 Million Loss in Q1 2017

October 3, 2017 By InvestAdvocate Click here to view full PDF copy of PZ Cussons Nigeria Plc Q1 2017 Report Lagos (INVESTADVOCATE)-Soap and detergent producer, PZ Cussons Nigeria Plc on Tuesday reported a loss of N123.08 million in the first quarter (Q1) ended August 31, 2017. The company recorded a […]

Union Bank N50Billion Rights Issue Closes October 30, 2017

October 3, 2017/Cordros Research Union Bank of Nigeria Plc (UBN) Rights Issue, opened on 20 Sept, 2017, will close on Monday, 30 October 2017. Use of Proceeds: 80% of proceeds to be used as working capital 12% of proceeds to be invested in technology, innovation and digitalization 8% of proceeds […]