(Credit: Tiago_Fernandez/iStock by Getty Images) October 2, 2024/IMFBlog Guinea-Bissau, a small nation on the coast of West Africa, has made a quantum leap into the future. In May 2024, the country successfully launched a blockchain platform—as part of the country’s program with the IMF, under the Extended Credit Facility (ECF)—designed to […]
Author: InvestAdvocate
NGXASI Dips -0.33% on Selloffs in Bellwether Counters
October 2, 2024/InvestmentOne Report The NGXASI declined today by 0.33% to close at 98,232.39pts as investor selloffs recorded in OANDO (-6.78%) , UBA (-4.59%) and FBNH (-4.44%) drove the Nigerian equities market into the negative region. In the fixed income space, the Treasury Bills secondary market closed on a bearish note, mainly driven […]
Nigerian Breweries Plc ₦599 Billion Rights Issue Still Open
October 2, 2024/FSDH Report The Nigerian Breweries PLC (“NB” or “the Company”) has commenced a Rights Issue of 22,607,491,232 Ordinary Shares at N26.50 per share on the basis of Eleven (11) new ordinary shares for every Five (5) ordinary shares held as of Friday, 12th of July, 2024. This Offer […]
