—–Boosted by Gains in Banking, Consumer Goods, Oil & Gas Sectors November 22, 2021/InvestmentOne Report The Nigerian equities market closed positive by 0.17% as NGX-ASI closed at 43,260.13 pts. In today’s trade, market breadth index was positive with 18 gainers against 16 losers. HONYFLOUR (+9.73%) led the gainers, while TIP (-9.76%) was the top loser today. OANDO (+5.97%) was the […]
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Domestic Outperform Foreign Investors by +60% in October 2021-NGX
November 22, 2021/NGX On a monthly basis, Nigerian Exchange Limited (“NGX”) polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 31 October 2021, total transactions at the nation’s bourse increased by 80.34% from N118.15billion (about $285.81million) in September 20215 to N213.07billion (about […]
Flour Mills Says to Acquire 5.06% FirstBank’s Equity Stake in Honeywell to Hold 76.75% Stake
November 22, 2021/NGX Flour Mills of Nigeria Plc (“FMN”) announced that it has reached an agreement with Honeywell Group Limited (“HGL”), the majority shareholder of Honeywell Flour Mills Plc. (“HFMP”), to acquire a 71.69% majority shareholding interest in HFMP. In addition, FMN also entered into an agreement with First Bank of […]
