Investors Bite

LFZC Funding SPV Plc Opens N25bn Series 2 Fixed Rate Bond Issue

Image Credit: FSDH Capital April 20, 2022/FSDH Capital The book build for LFZC Funding SPV PLC’s (“the Issuer” or “the SPV”) Series 2, up to N25,000,000,000 (Twenty-Five Billion Naira) twenty-year fixed rate senior guaranteed Bonds, under its N50,000,000,000 (Fifty Billion Naira) Bond Issuance Programme is now open. The Issuer is […]

Nigerian Stocks Close Positive -0.1% Buoyed by Banking, Consumer Goods Counters

April 19, 2022/Cordros Report EQUITIES Activities in the Nigerian equities market picked from where they left off last week, closing higher on gains in STANBIC (+3.4%), FBNH (+3.0%), and GUINNESS (+6.9%). Thus, the All-Share Index advanced by 0.1% to 47,545.86 points. Consequently, the Month-to-Date and Year-to-Date returns increased to +1.2% and +11.3%, […]

FBNQuest Funds Exits MainOne Investment to Equinix Inc

April 19, 2022/Hill+Knowlton Strategies  FBNQuest, the investment banking, and asset management subsidiary of FBN Holdings Plc is pleased to announce the divestment of its stake in MainOne Cable Company (“MainOne”) to Equinix Inc.   In 2009, FBNQuest Funds Limited (“FBNQuest Funds”) invested US$15million of primary capital in MainOne to fund […]