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Weekly Market Review in Charts-InvestmentOne

May 8, 2017/InvestmentOne Research Please click to download our Weekly Market Review in Charts.   Macro Indicators Inflation as at March 2017 17.26% MPR 14.00% Overnight rate 19.25% GDP growth as at Q4 2016 -1.30% External reserves as at 03/05/2017* $30.98bn Brent crude price $49.25/b   *Based on 30-day moving […]

NSE Delists UTC Nigeria Plc and 3 Others

Culled—Proshare May 8, 2017/NSE The following four (4) companies have been delisted from the Daily Official List of The Exchange effective, 02 May 2017: 1. Beco Petroleum Products Plc 2. MTECH Communications Plc 3. MTI Plc 4. UTC Nigeria Plc The delisting of the afore-listed companies was approved by the […]

NSE Automates Rights Trading and Settlement

May 5, 2017/NSE The Nigerian Stock Exchange (The NSE or The Exchange) is pleased to announce the automation of Rights trading and settlement with effect from May 5, 2017. With this, shareholders can sell subscription rights both efficiently and at fair prices. Executive Director, Market Operations and Technology, NSE, Mr. […]