Investors Bite

Bears Sustain Hold on Nigerian Stocks, as Y-t-D Loss Increase 2.03%

January 12, 2017/Cordros Research As expected, bearish sentiments resurfaced in the Nigerian equities market, with the All Share Index declining by 0.21% to close at 26,330.39 points. Today’s negative close increased the Year-to-Date loss to 2.03%. Majority of the indices closed lower, save for the Banking (+0.93%) index. The Oil […]

Flour Mills of Nigeria Plc Series 8, 9 & 10 Commercial Paper Issue – Offer Now Open

Culled—Proshare January 11, 2017/Arthur Steven Asset Management Flour Mills of Nigeria PLC Series 8, 9 & 10 Commercial Paper is now open for subscription and is due to close on Friday, January 13, 2017. Please find below a summary of the terms of the offer. Kindly note that allocations will be made across […]

Bears Resurface on Nigerian Bourse, NSE ASI Sheds 1.97% Y-t-D

10/1/2017/Cordros Research The bears resurfaced on the domestic bourse, with the All Share Index declining by 0.88% to close at 26,346.24 points. Following today’s unimpressive performance, the NSEASI has shed 1.97% Year-to-Date. Losses were recorded by most indices – save for the Oil & Gas (+0.15%) index which recorded a […]