Today, VONO recorded active bargain tendency to break its key resistance line at N1.37kobo as investors displayed strong optimistic tendency amid bearish market atmosphere. The stock closed among top performers with a sustained bullish volume, recording +9.50% gain.
Forte Oil PLC (formerly AP PLC) has notified The Exchange that the management of the Company has begun initial discussions with a downstream company with the intention to acquire the assets of the said company.
Please be informed that an Emergency Board Meeting of UnityKapital Assurance has been scheduled to hold on Monday 22nd September, 2014 at 11:00am in the board room of the Company's Head Office at Plot 497 Abogo Largema Street, Central Business District, Abuja FCT.
Today, CADBURY recorded another moderate loss of -4.60% to extend the active sell-down trend while investors sustained negative sentiments towards the stock to close battered among the bearish stocks on the Nigerian bourse.
Lafarge Africa Plc (Lafarge Africa), formerly, Lafarge Cement Wapco Nigeria Plc announces the completion of its acquisition of Lafarge groups (Lafarge group) shareholdings in Lafarge South Africa Holdings (Pty) Limited (LSAH), United Cement Company of Nigeria Limited (Unicem) through Egyptian Cement Holding BV, AshakaCem Plc (Ashaka) and Atlas Cement Company Limited (�Atlas�).
Today, TRANSCORP experienced growing sell-down pattern, recording a loss of -3.00% to extend the recent downtrend as investors maintained pessimistic postures despite the improved bargain tendency observed on the Nigerian bourse.
Sources are reporting that Qatar National Bank (QNB) isn't wasting time in seeking control over the Ecobank franchise as reliable information confirms that it has acquired an additional 11% share in ETI for $USD 283million equivalent, bring its total spend to $USD 503m.
Recently, we put a SELL call on the Skye Bank with a sell point at N3.00- at the end of today's session, there is a strong indication that the share price of the stock may not hit this target as technical analysis has revealed.