Investors Bite

Union Bank Rights Issue Closes October 30 2017

October 16, 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 […]

Participate in the Upcoming T-bills Auction

October 16, 2017/ARM Securities This is to notify you of the upcoming FGN Treasury Bills auction scheduled to hold on the 18th of October, 2017 with respective details below. To participate in this auction kindly ensure your account is funded and the form below completed on or before 5.00pm on […]

NSEASI Heads North on Banking Sector Gains

October 16, 2017/InvestmentOne Research ASI as at 12.00pm: +0.07% Market movers: CILEASING (+9.55%), NAHCO (+5.00%), CUTIX (-7.53%), VITAFOAM (-4.71%)   Sector Performances: Banking (+0.26%), Consumer Goods (+0.03%), Oil & Gas (-0.54%),  Industrial  Market activity: Turnover appears to be less than this time last Friday with investors exchanging c.49m units of shares […]