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SEC Affirms Oando’s Suspension Till Further Notice

October 18, 2017 By Abdulquddus Okele InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities & Exchange Commission (SEC) on Wednesday confirmed the suspension of trading on the shares of oil marketing major, Oando Plc… Read more »

Intraday Update: NSEASI Heads South on Sell-Offs in Big Banking Counters

October 18, 2017/InvestmentOne Research ASI as at 12.00pm: -0.01%  Market movers: ZENITHBANK (-0.25%), UBA (-0.10%), GLAXOSMITH (+1.10%), PRESCO (+0.50%)  Sector Performances: Banking (-0.07), Consumer Goods (+0.05%), Oil & Gas, Industrial… Read more »

Invest in FGN Monthly Bond Auction – October 2017

Culled–Proshare 18/10/2017/DMO  The Central Bank of Nigeria on the authority of The Debt Management Office on behalf of the Federal Government Of Nigeria Offers for Subscription by Auction and is… Read more »

UBA Plc – Mixed Q3 Results; Retaining Neutral Rating

Culled—Proshare October 18, 2017/FBNQuest Research 6% Cut to Our Earnings Estimates and Price Target UBA’s Q3 2017 PBT came in weaker than expected, mainly because of a negative surprise in… Read more »

Meristem launches MeriGame, to attract young Nigerians & retail investors into the capital market

Culled—Proshare 17/10/2017/Proshare WebTV Meristem Securities one of Nigeria’s leading Capital Market operators, today took a major step in deepening investment activities in the country;  with the formal launch of “MeriGame”…. Read more »

NSE Suspends Trading in the Shares of Oando

October 18, 2017 By InvestAdvocate New York (INVESTADVOCATE)-From all indications, the shares of oil marketing major, Oando Plc has been suspended from trading of the Nigerian Stock Exchange (NSE), according… Read more »

AshakaCem Scheme of Arrangement with Their Shareholders

Culled—Proshare October 17, 2017/APT Securities Please be informed that Court-ordered meeting of AshakaCem Plc will be held at the Sheraton Hotel, 1 Ladi Kwali Way, Wuse Zone 4, Abuja on… Read more »

Nigerian bourse Bucks Three-Day Consecutive Gains on Profit-Taking Across Sectors

October 17, 2017/Cordros Research EQUITIES The domestic bourse bucked the three consecutive days of gains, with the ASI depreciating by 0.82% to 36,669.61 points, following profit taking across sectors. The… Read more »

UBA Plc – Weighed By Expensive Funding

Culled—Proshare October 17, 2017/ARM Research As market watchers say, late Friday is the best time to release bad earnings while early Monday is the perfect timing for an impressive result…. Read more »

Intraday Update: NSEASI Heads South on Sell-Offs in Consumer Goods Counters

October 17, 2017/InvestmentOne Research ASI as at 12.00pm: -0.25%  Market movers: VITAFOAM (-5.00%), OANDO (-4.79%), MANSARD (+10.00%), MAYBAKER (+1.35%)  Sector Performances: Oil & Gas (-0.62%), Consumer Goods (-0.70%), Banking (+0.08%),… Read more »