Investors Bite

NGX Lifts Suspension on Trading in the Shares of Mutual Benefits

August 29, 2022/NGX We refer to our Market Bulletin dated 1 July 2022 with Reference Number: NGXREG/LRD/MB37/22/07/01 wherein we notified of the suspension in the trading on the securities of nine (9) listed companies for non-compliance with the provisions of Rule 3.1: Rules for Filing of Accounts and Treatment of […]

Neimeth Announces SEC Approval to Extend Rights Issue by 15 Working Days

August 29, 2022/NGX We refer to our market bulletin of 3 August 2022 with reference number: NGXREG/LRD/MB48/22/08/03 whereby the market was notified that trading in Neimeth International Pharmaceuticals Plc’s Rights Issue of 2,373,947,500 ordinary shares of 50 Kobo each at N1.55 per share on the basis of five (5) new […]

United Capital Research Investment Views This Week 29th August 2022 to 2nd September 2022

August 29, 2022/United Capital Research Macro Highlight and Outlook According to the National Bureau of Statistics, Nigeria’s real Gross Domestic Product (GDP) grew by 3.5% y/y in real terms in Q2-2022, indicating a 44bps increase compared to 3.1% in Q1-2022 and a 147bps decrease from 5.0% growth rate in Q2-2021. […]