Investors Bite

Nigerian share index hits 23-month high

June 5, 2017/Reuters Nigeria stocks extended their rally for the fifth consecutive day on Monday, helped by gains in cement, fuel retailing and banking stocks. A rise in Dangote Cement, which accounts for a third of the market’s value, pushed up the overall index to 3.86 percent to cross 32,000 […]

FGN Savings Bond Auction Notice for June 2017

June 5, 2017/Cowry Asset Click here to download subscription form The Debt Management Office (DMO) is issuing its monthly FGN Savings Bonds between Monday, June 05 2017 and Friday, June 09 2017. The bonds being issued are: To invest in savings bond, you would be required to fill the subscription form . […]

ASI: Intraday Update

June 5, 2017/InvestmentOne Research ASI as at 12.00pm: +3.93% Market movers: MOBIL (+10.25%), FBNH (+10.12%), UNIONDICON (-4.95%), CILEASING (-4.55%) Sector Performances: Industrial (+4.17%), Oil & Gas (+3.24%), Banking (+2.00%), Consumer Goods (+1.13%) Market activity: With  over 59m units of FBNH stocks traded, volume turnover currently stands at c.244m units of stocks […]