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Month of August Recorded Inflow into the ETFs Market

Culled—Proshare September 22, 2017/NSE The month of August recorded inflows into the Exchange Traded Funds (ETFs) market in Nigeria, driving up market capitalization to N6.1Billion (+1.43%M-o-M from July levels). A… Read more »

Presco Q2 2017 Results Review: In Line for a Record Year

Culled—Proshare September 22, 2017/FBNQuest Research Maintaining Outperform rating Presco’s Q2 2017 topline growth surprised slightly, beating our forecast by 10.7%. The company continues to benefit from increased demand thanks to… Read more »

UBN Rights Issue: Tactical or Strategic?

Culled—Proshare September 22, 2017/ARM Research   Investment Highlights Union Bank of Nigeria (UBN) is looking to raise N49.7 billion via rights issue of 12.1 billion ordinary shares. Investors who had… Read more »

Lafarge Africa Announces EGM to Consider Terms of Rights Issue

September 22, 2017/NSE We write sequel to our notice of an Extra-Ordinary Board Meeting scheduled for Tuesday, 26th September 2017 to consider the terms of the Rights Issue. In compliance… Read more »

Implications of the Proposed Acquisition of PPC by DANGCEM

Culled—Proshare September 22, 2017/FBNQuest Research Last week Dangote Cement (DangCem) announced that it is in talks with PPC of South Africa regarding a potential acquisition of 100% of PPC’s share… Read more »

NASD USI Up by +0.5% WoW

Culled—Proshare September 22, 2017/NASD Plc The Week in Review NASD closed its trading day on Friday 22 September 2017 higher compared to last Friday. The Market Capitalisation closed the week 0.5% higher at ₦402.13 billion against ₦400.13 billion previously. The NASD… Read more »

Newrest ASL Nigeria Divests Entire Stake in ASL Rwanda

September 22, 2017/NSE The Board of Director of Newrest ASL Nigeria Plc. hereby informed its esteemed shareholders and other stakeholders that it has disposed of its entire interest In ASL… Read more »

Stocks Gain 1.38% Week-on-Week to Close Bullish

September 22, 2017 By InvestAdvocate Click here to download full PDF Copy of Report Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange All-Share Index (NSEASI) and market capitalisation on Friday appreciated by 1.38… Read more »

Nigerian Equities End Last Trading Session Positive on Gains in Blue-Chips

September 22, 2017/InvestmentOne Research Please click to download the Market Report for Friday 22nd September 2017 EQUITIES:   The equities market ended the last trading session of the week positive following the… Read more »

NSE Organises its 2nd Market Data Workshop

September 22, 2017/NSE The Nigerian Stock Exchange (NSE) in partnership with Thomson Reuters and other capital market participants, is set to host the second edition of the NSE Market Data… Read more »