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Fixed Income Market Maintains Bearish Posture as the CBN Carries on with OMO Auctions

Culled—Proshare December 6, 2018/Zedcrest Capital KEY INDICATORS Indicator Value Commentary Inflation 11.26% As at November 21, 2018. A c.2bps down from 11.28% recorded in September 2018 MPR 14.00% Left Unchanged… Read more »

Afromedia Names Olufemi Olaiya New CEO

December 5, 2018/NSE The Board of Directors of Afromedia Plc met on 28 November 2018 and is pleased to advise the Nigerian Stock Exchange and the investing public of the… Read more »

Bulls Sustain Hold on Nigerian Bourse, as NSEASI Up +0.47% on Gains in Industrial Counters

December 5, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed the third trading session of the week positive, gaining 0.47 percent to 31,151.68 basis points compared… Read more »

SAHCO Plc’s IPO – Closing on December 19, 2018

December 5, 2018/Cordros Securities We have a target price (TP) of NGN5.97/s for SAHCO, representing an upside of 28.44% relative to its IPO price of NGN4.65/s. Our positive investment case… Read more »

Exchange Traded Products Record $358 Billion Net Flows Globally in 15 Years

December 5, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Exchange Traded Products (ETPs) globally has recorded $385 billion net flows as at October 2018, according to Oscar Onyema, CEO of… Read more »

Intraday Update: Nigerian Stocks Heads North on Buy Interest in Industrial Sector

December 5, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks as at midday Wednesday is up +0.20 percent on buy interest in the Industrial Goods sector. InvestmentOne reports that market movers are… Read more »

FGN Savings Bond – 22nd Monthly Issuance

December 5, 2018/InvestmentOne Update The offer for the Twenty Second (22nd) series of the FGN savings bond will be coming up between the 3rd and 7th of December 2018 and Investment One Stockbrokers… Read more »

Dow falls 800 points on China trade confusion and mounting fear tariffs are choking global growth

“The market is reassessing if anything tangible happened at the Trump-Xi dinner,” said one investment strategist. 4/12/2018/NBC News By Lucy Bayly The Dow Jones Industrial Average fell by almost 800… Read more »