Investors Bite

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 […]

Union Bank Share Price Drops on First Day of Rights Issue

September 20, 2017 By InvestAdvocate Lagos (INVESTADVOCATE)-Shares of Union Bank of Nigeria Plc (UBN) dropped 4.67 percent to N5.72 from N6.00 traded the previous session; thereby losing 0.28 kobo on its first day of the lenders N50 billion Rights issue. The bank is issuing 12.1 billion ordinary shares of 50 […]

DMO Offers N100 billion 7-year FGN Sovereign Ijarah Sukuk Due 2024

September 20, 2017/Cowry Asset The Debt Management Office (DMO) will be offering its Sovereign Sukuk from Thursday, Sept 14, 2017 to Friday, Sept 22, 2017…click here for details