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Asia stocks slide as Deutsche sours mood, oil pulls back

Septemeber 30, 2016/Reuters By Nichola Saminather | SINGAPORE Asian stocks extended losses on Friday as worries about the health of Deutsche Bank weighed on financial shares and as oil prices… Read more »

Stocks Rebound on OPEC’s Agreement to Cut Production First Time in 8 Years

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks advanced by 0.04 percent to close at 28,247.56 points, after a rebound in the Oil and Gas sector, following reports of an agreement by OPEC… Read more »

SEC Bans Two Registered Operators for Life

By InvestAdvocate Lagos (INVESTADVOCATE)-28/9/2016-The Securities and Exchange Commission (SEC) in the exercise of its powers under Section 13 of the ISA, 2007 investigated complaints against WT Securities Ltd. and its… Read more »

Bears Sustain Hold on Nigerian Bourse amid Sell-Offs

By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Wednesday sustained its hold on the domestic bourse for two-straight days as the all-share index (ASI) fell by 0.04 percent to close at 28236.23… Read more »

PZ Cussons Plc Trading Statement – Performance Across Business Divisions In Nigeria Has Been Robust

September 28, 2016/Cordros Capital Earlier today, PZ Cussons Plc (PZP), the parent company of PZ Nigeria Plc (PZ or PZ Nigeria) released a trading statement which covers the period 01… Read more »

SEC Alerts on Ponzi Scheme of Converged Dynamic International Ltd

September 28, 2016/SEC The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the activities of an Illegal Operator (Converged Dynamic International Limited). The Company embarked… Read more »

Bears Resurface on Nigerian Bourse, as Benchmark Index Decline

By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Tuesday resurfaced on the Nigerian bourse as benchmark index declined by 0.05 percent to close at 28,248.86 points. “Today’s negative performance trimmed the Month-to-Date… Read more »

Stocks Open Week Bullish on Consumer Goods, Insurance Counters

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week on a bullish note as the all-share index (ASI) advanced by 0.06 percent to close… Read more »

Cement Sector Update – Forging Ahead Through Macro Headwinds

Culled—-Proshare September 26, 2016/FBNQuest Research Strong but varied unit volume growth in H1 2016 Sector-wise, unit volume growth for Nigerian cement companies in H1 2016 was stellar, at around 21%… Read more »

Guinness Nigeria Plc – No Sign of Respite in the Very Near Term

Culled-Proshare September 23, 2016/FBNQuest Research Downward revision to estimates; Underperform rating maintained Guinness Nigeria (GN) reported pretax and post-tax losses in Q4 2016 (end-June); the losses were significantly worse than… Read more »