Investors Bite

Nigerian Stocks Close Week in Green +0.54%

January 28, 2022/InvestmentOne Report The Nigerian equities market closed northwards by 0.43% as NGX-ASI closed at 46,205.05pts. Similarly, the market closed up by 0.54% WTD.  In today’s trade, market breadth index was broadly positive with 39 gainers against 7 losers.  CORNERST (+10.00%) was the top gainer while UPL (-9.86%) led the losers today.  FBNH (+4.82%) was the most actively traded […]

DMO Lists $4.0 Billion Eurobond on FMDQ Securities Exchange

January 27, 2022/DMO The Debt Management Office (DMO) listed the USD 4 Billion Eurobond issued by the Federal Government of Nigeria (FGN) on the FMDQ Securities Exchange on January 25, 2022. It will be recalled that the Eurobond was issued on September 28, 2021, as part of the fund-raising for […]

Airtel Africa joins FTSE100

January 27, 2022/CMC Connect BCW The index manager FTSE Russell [or ‘The London Stock Exchange?’] announced that Airtel Africa plc will be joining the FTSE100 on Monday 31 January 2022. Through its mobile telecoms and mobile money services, Airtel Africa plc is transforming lives of over 122 million people across […]