Investors Bite

NSEASI Rebounds +2.33% Week-on-Week amidst Significant Bargain-Hunting by Investors.

September 13, 2019/Cordros Report Global economy   China’s exports unexpectedly contracted in August, as the trade war with the US continued to hit the world’s second-largest economy. According to China’s General Administration of Customs, exports decreased 1.0% in US Dollar terms from a year earlier, while imports declined by 5.6%, […]

NPF Microfinance Submits Application to NSE for Approval, Listing of Rights Issue

September 13, 2019/NSE NPF Microfinance Bank Plc (the Bank) has through its Stockbroker, Regency Asset Management Limited, submitted an application to The Nigerian Stock Exchange for the approval and listing of a Rights Issue of Two Billion, Two Hundred and Eighty Six Million, Six Hundred and Fifty Seven Thousand, Seven […]

CBN Maintains Stop Rates at OMO Auction, Tightening System Liquidity

Culled—Proshare September 13, 2019/Zedcrest Capital   At the OMO auction, the DMO sold a total of N344bn in maturing treasury bills across three maturities.  The stop rates maintained across the 91-, 182- & 364-day tenors. With healthy demand at 1-yr bill on offer, the Apex bank prorated supply to investors […]