Investors Bite

FGN Sukuk Series V – Greenwich Merchant Bank Supports the Federal Government to Raise N130bn for Infrastructure Projects

December 7, 2022/Greenwich Merchant Bank Greenwich Merchant Bank Limited, a mandated Issuing House to the FGN 15.64% N100 Billion Sukuk V Issuance, along with other Issuing Houses, has successfully closed the offer with a subscription level of over N165 Billion. The initial N100 Billion offered was upsized to N130 Billion […]

Intraday Update: Nigerian Equities Gain +0.27% Driven by Banking, Industrial Counters

December 7, 2022/InvestmentOne Update ASI as at 12.00pm: +0.27% Market movers: CWG (+10.00%), RTBRISCOE (+8.00%), WAPIC (-7.89%) and GEREGU (-2.44%). Sector Performances: Industrial (+1.15%), Banking (+0.54%), Consumer Goods and Oil and Gas. Market activity: In today’s trade, total volume and value increased by 306% and 330% respectively, compared to this […]

FGN Savings Bond December 2022

December 6, 2022/InvestmentOne Update The offer for the Sixty-six (66th) series of the FGN savings bond will be coming up between the 5th of December 2022  and 9th of December 2022 and Investment One Stockbrokers Int’l Ltd as a Distribution Agent (DA) for the bond, will be receiving applications from the investing public starting from the 5th […]