Investors Bite

Nigerian Stocks Close Red to Commence New Week

September 25, 2017/InvestmentOne Research Please click to download the Market Report for Monday 25th September 2017 EQUITIES:   Following the declines NB (-69pts), UBA (-28pts) and WAPCO (-22pts), which more than offset the gains in UBN (+7pts), TOTAL (+6pts) and TRANSCORP (+4pts), the equities market ended negative (-0.37%) in a relative quiet […]

NSE Council Votes Ogunbanjo as President, Elects New Members

September 25, 2017/NSE The Nigerian Stock Exchange (“NSE” or “The Exchange”) is pleased to announce the election of Mr. Abimbola Ogunbanjo as the new President of National Council of the Exchange. This decision was reached at The Exchange’s National Council meeting held immediately after its 56th Annual General Meeting on […]

Short to Medium Term Instruments Remain Attractive

Culled—-Proshare September 25, 2017/Afrinvest Last week, investors’ interest (foreign and domestic) in T-Bills instruments was sustained both in the primary and secondary markets. As a result, average T-Bills rates declined across tenor – down 134bps M-o-M. It is noteworthy to emphasize that the demand for long dated bills spiked significantly […]