Investors Bite

Finally, Nigerian Stock Exchange Delists Ashaka Cement

July 5, 2017/Thisday Ashaka Cement Plc was Tuesday voluntarily delisted from the Nigerian Stock Exchange (NSE). The company had last year notified the exchange of its intention to exit. The shareholders of Ashaka Cement, who have exercised their option to exit the company prior to the delisting will receive 57 […]

Nigerian Stocks Sustain Bearish Trend Third Straight day

July 3, 2017/InvestmentOne Research Please click to download the Market Report for Tuesday 4th July 2017  EQUITIES: The Nigerian bourse closed in the red for  the third consecutive trading sessions as the All Share Index declined by -1.10% to berth at 32,410.20pts. This corresponds to a market capitalisation of c.N11.17trillion while the […]

SEC Approves Guinness Nigeria N39.7 billion Rights Issue

July 4, 2017/XLR8 Following shareholder approval received in January, Guinness Nigeria Plc has now received clearance of the issue documents from the Securities and Exchange Commission and approvals from the Nigerian Stock Exchange to list the new Guinness Nigeria shares on The Nigerian Stock Exchange. The funds raised will support […]