November 18, 2021/Cordros Report EQUITIES Profit-taking activities continued today in the Nigerian equities market as investors’ late selloffs in FBNH (-6.5%) drove the benchmark index lower. Thus, the NGX ASI dipped by 0.2% to 43,285.97 points, with the Month-to-Date and Year-to-Date gains lower at +3.0% and +7.5%, respectively. The total […]
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NGX Spotlights SPACs as a Viable Alternative Route to Public Markets
November 17, 2021/NGX In recognition of the role Special Purpose Acquisition Companies (SPACs) play in catalyzing economic growth through public markets Nigeria and Africa, Nigerian Exchange Limited (NGX) hosted a webinar with the theme SPACs: An Alternative Route to Public Markets on Wednesday, 17 November 2021. Speaking at the webinar, […]
Ardova Announces N25.3 billion Series 1 Fixed Rate Bonds under a N60 billion Debt Issuance Programme
November 17, 2021/CAMCAN Ardova Plc (“Ardova” or the “Company”) is pleased to announce the successful completion of a N25.3 billion Series 1 (Tranche A and Tranche B) Fixed Rate Senior Unsecured Bond Issue (“the “Bond Issue”) under its N60 billion Debt Issuance Programme. The Bond Issue is the largest local […]
