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FrieslandCampina WAMCO Nigeria Plc – Security Performance as at Q3, 2016

Culled—Proshare October 7, 2016/NASD Plc FrieslandCampina WAMCO Nigeria Plc is a multinational manufacturing company. It is a subsidiary of Royal FrieslandCampina of The Netherlands. The Company operates an extensive distribution… Read more »

Nigerian Equities Close Lower, Reports 1.77% Weekly Loss on Selloffs

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday ended the week on a negative note, as the all-share index (ASI) and market capitalisation declined 1.77% to close at 27,835.22… Read more »

Insurance Resourcery Completes Acquisition of 75% Equity Stake In GNI Plc

October 7, 2016/NSE On 21 September 2016, 2,870,614,035 (Two Billion, Eight Hundred and Seventy Million, Six Hundred and Fourteen Thousand and Thirty-Five) units representing 75% equity shareholding of Great Nigeria… Read more »

Access Bank Announces Exchange Offer and Minimum New Issue Yield

Culled—Proshare October 7, 2016/CardinalStone Research On 3 October 2016, Access bank announced an Exchange Offer invitation to the current holders of the U.S $350,000,000 7.25% Guaranteed Notes due 2017 to… Read more »

Nigerian equities market rebounded from loss in August

October 7, 2016/Cordros Research Nigeria Equities Market The Nigerian equities market rebounded from the loss in August, with the benchmark All Share Index posting a monthly gain of 2.67%. Sentiments… Read more »

NSE: Domestic Investors Marginally Outperform Foreign Counterparts in August 2016

October 6, 2016/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows… Read more »

NSE Halts 2-Day Losing Streak on Marginal Gains

  By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday posted a modest gain to halt a two-day losing streak, as the all-share index (ASI) advanced 0.08… Read more »

Nigerian Brewers Sector Update – Value Brands Now in the Front Line

Culled—Proshare October 6, 2016/FBNQuest Research Macro headwinds impeding growth Nigerian brewers have had a challenging H1 2016 (end-June). Although we estimate that the sector’s unit volume grew by mid-single digits… Read more »

NSE Dragged by Selloffs in Financial, Oil & Gas Stocks

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchanged (NSE) has posted a 1.15 percent loss in two days as the all-share index (ASI) at the close of Wednesday’s session fell by… Read more »

Wall Street boosted by financial, energy stocks

October 5, 2016/Reuters By Yashaswini Swamynathan Wall Street rose for the first time in three days on Wednesday, powered by gains in financial and energy shares. Activity in the U.S…. Read more »