Investors Bite

Intraday Update: Nigerian Stocks Head Southward to Close Week

September 15, 2017/InvestmentOne Research ASI as at 12.00pm: -0.19% Market movers: NEIMETH (-7.89%), UBN (-3.83%), CUTIX (+5.00%), FIDELITYBK (+1.55%) Sector Performances: Industrial (-1.03%), Banking (-0.40%), Consumer Goods (+0.11%), Oil & Gas Market activity: With c.54m units of shares worth N792m exchanged so far today, activity levels are up compared to this […]

FMDQ Approves Registration of The Wema Bank ₦50.00 Billion Commercial Paper Programme

15/9/2017/FMDQ OTC FMDQ OTC Securities Exchange (FMDQ or OTC Exchange) welcomed the commercial paper (CP) programme registration of Wema Bank PLC – the Wema Bank ₦50.00 billion CP Programme (the Wema Bank CP Programme), to its platform. This CP Programme registration strategically positions Wema Bank PLC to easily and quickly […]

All You Need to Know About Sovereign Sukuk-DMO

September 14, 2017/DMO The Sovereign Sukuk is a non-interest bearing security. It is an obligation of the Federal Government of Nigeria (FGN). Similar to other FGN Securities, the Sovereign Sukuk is being issued by the Debt Management Office through the FGN Roads Sukuk Company 1 Plc. Benefits of a Sovereign […]