February 2, 2017/Cordros Research The bulls resurfaced on the domestic bourse, with the All Share Index climbing by 0.13% to 25,936.24 points. Today’s positive performance trimmed the Month-to-Date and Year-to-Date losses to 0.38% and 3.49% respectively. The Banking (+0.86%), Insurance (+0.60%), and Consumer Goods (+0.02%) indices closed higher, following demand […]
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Currency Headwinds Pressure Earnings
February 2, 2017/InvestmentOne Research We update our coverage of the Nigerian consumer goods sector with a near term negative outlook, given our expectation of weak unit growth due to shrinking disposable income, as well as continued pressure on margins and consequently bottom-line figures from both FX related and higher energy […]
FMDQ Achieves ₦113.66 trillion 2016 Market Turnover
February 2, 2017/FMDQ FMDQ OTC Securities Exchange (‘FMDQ’ or the ‘OTC Exchange’), has since its launch onto the Nigerian financial markets landscape in 2013, championed initiatives geared towards providing an enabling environment for the growth and development of the Nigerian fixed income, currencies and derivatives markets and the economy at […]
