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NASD OTC Market CAP Declined By -0.24% To N489.22bn

Culled—Proshare December 7, 2018/NASD Plc We are excited to announce ’our newly designed website- !  Our goal with this new designed website is to create a user-friendly browsing experience for our… Read more »

Nigerian Bourse Ends First Week of December Flat -0.02%

December 7, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) ended the first week of December 2018 on a quiet note, as the all-share index (ASI) closed the week… Read more »

Afromedia Seeks Extension for Filing Audited Financial Statement

December 7, 2018/NSE Afromedia PLC (“the Company”) hereby notifies its shareholders, capital market participants, and The Nigerian Stock Exchange (“The NSE”) that the Company will regrettably be unable to meet… Read more »

FBNQuest Appointed Co-Financial Advisor for FGN Sukuk

December 7, 2018/Punch Feyisayo Popoola FBNQuest Merchant Bank Limited has been appointed as the co-financial adviser to the Debt Management Office on the issuance of the second N100bn Sukuk offer…. Read more »

SEC Investor Advisory Committee to Meet on December 13

December 6, 2018/US SEC The Securities and Exchange Commission will hold a meeting of its Investor Advisory Committee on Dec. 13, 2018. The meeting will begin at 9 a.m. ET in the Multipurpose… Read more »

Market Capitalisation Loses N121 Billion on Renewed Sell-Offs

December 6, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market closed the fourth trading session of the week negative on renewed profit taking activity, losing 1.07 percent to 30,819.10 basis… Read more »

FCMB Group Q3 2018 Results Review: Stellar YoY Earnings Growth Driven By FX Gains

Culled—Proshare December 6, 2018/FBNQuest Research Single digit increase to our 2019E EPS forecast and price target FCMB’s Group’s (FCMB) Q3 2018 pre-tax earnings came in well ahead of our forecast…. Read more »

Court Enters Final Judgments in Eb-5 Scheme, Ordering Return of $25.8 Million to Defrauded Chinese Investors

December 6, 2018/US SEC On November 19, 2018, a U.S. District Court for the Central District of California entered final judgments on consent against defendants Edward and Jean Chen, husband… Read more »

E-Dividend Registration will Boost Liquidity – SEC

December 6, 2018/SEC The Securities and Exchange Commission, SEC has enjoined more Nigerians to take advantage of the on-going  e-dividend registration in a bid to reduce the unclaimed dividends profile… Read more »

The Pivotal Role of FPIs

Culled—Proshare 5/12/2018/FBNQuest Research Our chart today captures the net fx flows through the CBN for three successive 12-month periods through to October, the last month for which the data are… Read more »