Investors Bite

NSE Reports 1,900% ETF Growth, as Investors Appetite Wane towards Stocks

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday reported its Exchange Traded Funds (ETFs) introduced December 2011 has grown 1,900 percent with Assets Under Management (AUM) hitting N4.24 billion, this is on dampened investors’ appetite towards investment in stocks. Oscar Onyema, chief executive officer (CEO) of the NSE […]

NSE Opens Week Bearish, Extends Losing Streak to Fourth Consecutive Session

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) commenced the week on bearish note extending the losing streak to a fourth successive session – with the all-share index (ASI) declining by 0.35 percent to close at 26,887.54 points. “Today’s negative performance increased the Month-to-Date and Year-to-Date losses to 1.22 percent […]

FBN Holdings Announces Termination of GDR Programme

November 7, 2016/NSE Kindly be informed that in line with the terms and conditions of the Global Depositary Receipt Programme (GDR) agreement, FBN Holdings Plc’s (Formerly First Bank of Nigeria Plc) GDR programme will be terminated on 28 December 2016. Deutsche Bank Trust Company Americas, in its capacity as the […]