Investors Bite

Stocks End Week Negative First Time in Four Weeks

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) closed negative for the first time in the last four weeks. The all-share index (ASI) declined by 0.91 percent to close at 26,486.02 points. In what was a majorly bearish week, equities started poorly; shedding 0.45 percent in Monday’s session. Similarly, all […]

FMDQ Welcomes N42bn Worth of Commercial Papers on its Platform

December 24, 2016/FMDQ OTC … even as 2016 fiscal year comes to an end As the year comes to an end, and the financial markets wind down to a somewhat inconspicuous close, reflecting the tension in the economic system and hopes for renewed policies and reforms to boost economic activities, […]

Stanbic IBTC Reports Q4 2015 Results; Neutral to Slightly Positive Reaction by the Market Likely

Culled—Proshare December 22, 2016/FBNQuest Research Event: Stanbic IBTC Holdings reports Q4 2015 results Implications: Neutral to slightly positive reaction by the market likely Positives: Market can now breathe a sigh of relief post-FRC issue resolution Negatives: Factored in already – delay in publication of accounts Stanbic IBTC Holdings finally published […]