Investors Bite

Nigeria Stocks Close Week Positive, ASI up 3.10%

By InvestAdvocate June 30, 2017 Click here to download full PDF Report Lagos (INVESTADVOCATE)-Stoxks ON FRIDAY Closed the week on a positive note as the Nigerian Stock Exchange (NSE) all-share-index (ASI) and market capitalisation appreciated by 3.10 percent to close at 33,117.48 and N11.452 trillion respectively. “Similarly, all other Indices […]

Seplat Plc – In the clear

Culled—Proshare June 30, 2017/ARM Research Upward Revision to Forecast Subsequent to the lifting of the force majeure on the Trans-Forcados Pipeline (TFP) alongside upgrade at the alternative route (Warri refinery), we revise our estimates for Seplat and increase our fair value estimate (FVE) to N518.74/share (previously N346/share). We see substantial […]

SEC Extends Deadline on Issuance of Dividend Warrants, Free e-Dividend Registration Exercise

June 30, 2017/SEC Following numerous requests received from the investing public, the Securities and Exchange Commission is pleased to announce that the deadline of June 30, 2017 for discontinuance of  issuance of physical dividend warrants has been extended to December 31, 2017.  This will mark the end of conventional issue […]