Investors Bite

Equities Market Ends Week Negative as NGX-ASI Drops -0.12%

November 19, 2021/InvestmentOne Report The Nigerian equities market closed down by 0.20%, as NGX-ASI closed at 43,199.27 pts. Similarly, NGX-ASI lost 0.12% WTD.  In today’s trade, market breadth index was negative with 23 losers against 16 gainers.  ETERNA (-9.03%) was the top loser, while UNITYBNK (+10.00%) led the gainers today.  GTCO (-2.68%) was the most actively traded stock with about 50 million […]

UBA Releases Tender Offer Memorandum Results

November 18, 2021/NGX On 8 November 2021, United Bank for Africa Plc (the “Offeror”) launched an invitation to eligible noteholders of the outstanding notes detailed in the table below (the “Notes”) to tender any and all such Notes for purchase by the Offeror for cash (such invitation, the “Offer”), subject […]

Lagos State Government Announces Series IV Bond Issuance of N125 Billion

November 18, 2021/FSDH FSDH Capital Limited is pleased to inform you of the upcoming launch of the Lagos State Government (“Lagos State” or “the State”) Series IV Bonds of up to N125 billion (“the Issuance” or “the Offer”) under the State’s N500 billion Bond Issuance Programme. Lagos State is a […]