Investors Bite

LFZC Funding SPV Plc Announces N25Bn Series 2 Fixed Rate Bond Issue

Image Credit: FSDH April 14, 2022/FSDH 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 a funding […]

Nigerian Stocks Report +1.9% Rebound, Driven by MTNN, Bargain Hunting Across Tickers

In line with our prognosis, local stocks staged an impressive comeback from last week’s rout as investors reacted positively to MTNN’s PSB license approval amid bargain hunting across tickers with attractive attractive entry points. Accordingly, the domestic bourse traded positively in all sessions of the Easter holiday-shortened week. Precisely, the […]

NGX Launches West Africa’s first Exchange Traded Derivatives Market

April 14, 2022/NGX Nigerian Exchange Limited (NGX or the Exchange), the sustainable Exchange championing Africa’s growth, is pleased to announce the launch of West Africa’s first Exchange Traded Derivatives (ETD) Market with Equity Index Futures Contracts on 14 April, 2022. This is consistent with the Exchange’s commitment to develop the […]