July 5, 2017/InvestmentOne Research Please click to download the Fixed Income and Currency Market Report for the Week ended 30th June 2017 MONEY MARKET · The O/N rate contracted by 375bps w/w to settle at 5.75% following the improvement in system liquidity from OMO maturity and FAAC inflows. · However, pressure from […]
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ASI: Intraday Update
July 5, 2017/InvestmentOne Research ASI as at 12.00pm: -0.44% Market movers: TRANSCORP (-7.25%), ETI (-4.97%), CUSTODYINS (+4.87%), CONTINSURE (+4.20%) Sector Performances: Consumer Goods (-0.63%), Banking (-0.53%), Oil & Gas (-0.20%), Industrial Market activity: In today’s early trades, c.64m units of stocks worth c.N435m have been traded by investors. This shows […]
Nigeria bank shares suffer losses as Etisalat woes stoke sell-off
4/7/2017/Reuters Nigerian banking shares dropped 2.3 percent on Tuesday after regulators said they had intervened to save the country’s fourth largest telecoms firm from collapse as talks with local lenders to renegotiate a $1.2 billion loan failed. Etisalat Nigeria had been negotiating with its lenders for more than five months […]
