Tag: February 2016

NSE Says Domestic Investors Outperformed Foreign Investors by 27.04% in Feb’ 16

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Domestic investors significantly outperformed foreign investors by 27.04 percent, according to the latest analysis of domestic and foreign portfolio participation in equity trading on the Nigerian Stock Exchange (NSE) as at the end of February 2016. “Domestic transactions increased from 48.43 percent in […]

Nigeria’s Inflation Rises to 11.4% in February 2016

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s inflation rose to 11.4 percent in February 2016, as the Consumer Price Index (CPI) which measures inflation recorded a significant uptick and soaring to a Three-Year High, according to the National Bureau of Statistics (NBS) latest report. Africa’s largest oil producer’s inflation rate […]

Equities Market – Is February’s Gain A Dead Cat Bounce?

March 3, 2016/Cordros Research The domestic bourse delivered a rebound (+2.74% m/m) from January’s 16.50% disappointing loss. The gain was spurred majorly by bargain hunting, amid dividend and earnings expectation ahead of FY’15 earnings releases. The market’s positive performance came despite persistent pressure on the price of oil – and […]