Author: Kingsley Ighomwenghian

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Will 2017 end just as its first trading day?

Will 2017 end just as its first trading day?

(By AMBROSE OMORDION) The table above shows the correlation between the market performance on the first trading day of the year with the year-en...
NSE Second Trading Session In 2017 Ends Bearish

NSE Second Trading Session In 2017 Ends Bearish

NSEASI DAILY TIME FRAME NSE Market Update Jan 2 Trading volatility on the Nigerian Stock Exchange (NSE) closed lower on Wednesday, the second tr...
Shareholders May Drag Union Property, Directors, Auditors Before FRC, ICAN (1)

Shareholders May Drag Union Property, Directors, Auditors Before FRC, ICAN (1)

These are not the best of times for Union Property Company Plc, as the shareholders, mostly stockbrokers who bought its shares during the 2006 priva...
Profit Booking Drags NSE In Red On First Trading Day of 2017

Profit Booking Drags NSE In Red On First Trading Day of 2017

Market Update for Jan 1, 2017 (AMBROSE OMORDION)Trading activities on the floor of the Nigerian Stack Exchange on the first trading day of the year...

Vitafoam Cuts 2016 Loss To N32m, As Revenue Falls By 19.5%

Directors of household products maker- Vitafoam Nigeria Plc presented its audited result for the year ended September 30, 2016, showing that although ...
Analyst Opinion On AshakaCem, Lafarge Africa Merger

Analyst Opinion On AshakaCem, Lafarge Africa Merger

For AMBROSE OMORDION, Chief Research Officer, INVESTDATA News, investors that have taken their right before now, made a wise decision, because they ...
Egypt, Morocco, Namibia Exchanges Close 2016 As Africa’s Best

Egypt, Morocco, Namibia Exchanges Close 2016 As Africa’s Best

nse *Nigeria Worst In US$, € Terms As equities trading for the New Year gets under way in most of the world’s stock exchanges, emerging indication...
Dangote Set For $100m, 10,000 Capacity Truck Assembly Plant In Lagos

Dangote Set For $100m, 10,000 Capacity Truck Assembly Plant In Lagos

*To Provide 3,000 Jobs Poised to conserve forex and in view of the huge amount spent annually importing thousands of trucks for distributing it...
Stocks To Watch For January Effects

Stocks To Watch For January Effects

AMBROSE OMORDION: Even as we have projected 2017 to be a year of bull ascendancy with Nigeria’s expected economic recovery likely to be propelled by t...
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