June 14, 2017/The Nation Taofik Salako Oando Plc yesterday concluded a debt-to-equity conversion with the listing of about 396.8 million ordinary shares that resulted from the transaction at the Nigerian Stock Exchange (NSE). The transaction was valued at N3.17 billion at the closing value of the integrated energy group. The […]
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Weekly Fixed Income and Currency Market Update
June 13, 2017/InvestmentOne Research Please click to download the Fixed Income and Currency Market Report for the Week ended 9th June 2017 MONEY MARKET · Money market rates expanded across all tenors in the outgone week despite the maturity of c.N74bn worth of OMO bills. · The inflow from the maturities was […]
Nigerian Stocks Sink Further on Sustained Profit-Taking
June 13, 2017/Cordros Research Click here to download full PDF Report EQUITIES The market closed lower, following profit-taking across major sectors. The All Share Index shed 0.28%, closing at 33,141.85 points. Today’s performance reduced the Month-to-Date and Year-to-Date gains to 12.35% and 23.32%. The Industrial Goods (-0.09%), Consumer Goods (-0.56%), […]

