Investors Bite

NSE Commemorates Seplat Plc 10-Year Anniversary, Welcomes Incoming CEO

July 27, 2020/NSE  Seplat Petroleum Development Company Plc (Seplat Plc) has achieved significant milestones in the 10 years of its existence including the landmark dual listing of the company on both the Nigerian and London Stock Exchanges. This was highlighted during the virtual Closing Gong ceremony hosted by The Nigerian […]

Anchoria Fixed Income Monitor: Booming Gold Price amid Pandemic

Culled—Proshare July 27, 2020 By Anchoria AM Research Money Market The average money market rate fell significantly by 19.14% to settle at 1.90% from 21.04% in the previous week. This is due to inflows from FGN Bond coupon payments – N94.42 billion, FAAC disbursements -N430.03 billion and OMO maturities – […]

Gains in Industrial, Banking Names Boost NSEASI Up +1.46% to Open Week

July 27, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 1.46% to close at 24,783.61pts. However, market breadth index was negative with 19 losers against 15 gainers. UNITYBNK (+9.62%) led the gainer’s chart today, while MANSARD (-10.00%) was the top loser. FLOURMILL was the most actively traded stock with about 30million units of shares worth about N518million. Sector Performances NSE Industrial Index: […]