Investors Bite

MSCI Decision: Lace Up For another Bull Run?

Culled—Proshare October 27, 2017/ARM Research Index provider, MSCI Inc. announced that it will retain Nigeria in its benchmark frontier-index and precluded Nigeria from a review for potential reclassification to Standalone status1 in line with our earlier view2. According to MSCI, the Investors’ & Exporters’ Window (IEW) improved currency market conditions […]

Stocks Dip 0.15% on Persistent Weak Investors Sentiment

October 27, 2017/InvestmentOne Research The Nigerian equities market declined -0.15% today.  Market breadth index closed flat as 23 stocks gained against 23 stocks that declined.   The best performing stock was CAVERTON (+5.00%) while TOTAL (-5.00%) topped the losers’ chart.                        FBNH (+0.81%) and DANGCEM (-0.01%) topped as regards to volume […]

Unity Bank Names Aminu Babangida as Board Chairman

October 27, 2017/NSE  This is to formally notify shareholders of Unity Bank Plc. and other stakeholders of the Bank that, the Board of Unity Bank Plc. at an Emergency Meeting held on October 4, 2017 approved the retirement of Mr Thomas A. Etuh as Chairman of the Board.  The Board […]