Investors Bite

Bearish Run Sustain Hold on NSE, as Losing Streak Persist

By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Tuesday sustained its hold on the equities market as the Nigerian Stock Exchange (NSE) all-share index (ASI) fell by 0.29 percent to close at 27,555.31 points. “Today’s performance increased the Month-to-Date and Year-to-Date losses to 2.75 percent and 3.92 percent respectively,” according to Cordros […]

Guinness Nigeria Offer Investors Lower Dividend in 2016 Year End

October 17, 2016 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s foremost brewer, Guinness Nigeria Plc said on Monday proposed a lower dividend payout to shareholders of the company. Guinness offered its investors a 50 kobo per share in respect of year ended June 30, 2016 compared to N3.20 per share paid last year; […]

NASD OTC Q3’16 Market Summary

Culled—Proshare 14/10/2016/NASD PLc The OTC market grew in size and structure in the 3rd quarter [“Q3”] of 2016. At the end of the quarter, 31 securities traded on the NASD OTC market as against 28 securities in the previous quarter. Admitted Securities market capitalisation on the NASD OTC Market stood […]