May 31, 2017/InvestmentOne ASI as at 12.00pm: -0.41% Market movers: CONOIL (-9.74%), OANDO (-4.95%), MANSARD (+8.17%), CHAMPION (+7.91%), Sector Performances: Banking (-3.23%),Oil & Gas (-3.00%), Industrial (+0.87%), Consumer Goods (+0.19%) Market activity: In today’s early, investors have so far exchanged c.139m units of stocks worth c.N1.11bn. This shows a modest decline […]
Updates
CBN Lifts Naira With $482.6m; Retail SMIS Receives $286m as Wholesale Segment Gets $100m
Culled–Proshare May 31, 2017/CBN CBN In the first trading day after the Democracy Day celebrations, the Central Bank of Nigeria (CBN) on Tuesday, May 30, 2017, intervened in the inter-bank market to the tune of $482.6 million, underlining its determination to guard the international value of the naira. A breakdown […]
Senate Passes Key Anti-Corruption Bill
Photo Credit: Wikipedia Culled—Proshare May 30, 2017 The Senate has approved and passed the Bill on Mutual Assistance in Criminal Matters between Nigeria and other Foreign States. The executive bill presented to the Senate by President Muhammadu Buhari, provides for the repeal of the Money Laundering Act of 2011 (as […]
