Investors Bite

Nigerian Equities Market Reverse Previous Gains as Investors Sell-Off ACCESSCORP

September 27, 2022/Cordros Report EQUITIES   The Nigerian equities market reversed yesterday’s gains, closing lower by 0.1% as investors sold off ACCESSCORP (-4.6%). Thus, the All-Share Index settled at 49,163.81 points. Consequently, the Month-to-Date loss increased to -1.4%, while the Year-to-Date gain moderated to +15.1%.   The total volume traded […]

Bears Resurface as Nigerian Bourse Dips -0.12% Dragged by Bellwether Counters

September 27, 2022/InvestmentOne Report The local equities market lost 0.12% as the NGX-ASI settled at 49,161.45pts.   In today’s trade, market breadth index was negative with 17 losers against 14 gainers.                                                                 MULTIVERSE (+10.00%) led the gainers, while MAYBAKER (-9.79%) was the top loser today.  TRNASCORP (-3.85%) was the most actively traded […]

EBRD invests in Horizon Capital Growth Fund IV

Image Credit: EBRD September 26, 2022/EBRD By Vanora Bennett EBRD makes an initial commitment of up to US$ 40 million in Horizon Capital Growth Fund IV from up to US$ 50 million Board-approved envelope Fund to focus on growth equity in tech and export-oriented SMEs in Ukraine and Moldova The EBRD […]