Investors Bite

Wema Bank launches N50 billion Commercial Paper Programme

Culled—Proshare September 21, 2017/Wema Bank Plc. has announced the issuance of a N50 billion Commercial Paper (“CP”) programme, having received requisite regulatory approval.  “We are launching a N25bn CP programme as part of our N50bn CP programme and we are moving in two series: Series 1; N10 billion – 182-day […]

Intraday Update: NSEASI Heads Southward on Weak Investors Sentiment

September 21, 2017/InvestmentOne Research ASI as at 12.00pm: +0.07% Market movers: NEIMETH (+4.92%), UCAP (+2.02%), AIICO (-5.36%), CAVERTON (-5.00%) Sector Performances: Banking (+0.39%), Oil & Gas (-0.33%), Consumer Goods (-0.05%), Industrial Market activity: Activity levels have seen support from investor interest in the banking sector as 174m units of shares worth […]

Stocks Halt Three-Day Losing Streak on Gains in Dangote Cement, GTBank

September 20, 2017/InvestmentOne Research Please click to download the Market Report for Wednesday 20th September 2017 EQUITIES:   Following the gains in DANGCEM (+374pts), the equities market halted a three session losing streak to close up +1.04% to 35,207.89pts. The gains in DANGCEM, as well as GUARANTY (+14pts), which more than offset […]