November 16, 2021/NGX Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces second closing relating to the Airtel Money minority investment transactions with TPG’s The Rise Fund, Mastercard and QIA previously announced by the Group on 18 March […]
Investors Bite
Nigerian Stocks Head Southward -0.07% on Losses in Banking Counters
November 16, 2021/InvestmentOne Report ASI as at 12.00pm: -0.07%. Market movers: MBENEFIT (-6.90%), GUINNESS (-2.67%), UPL (+6.82%) and PRESTIGE (+4.44%). Sector Performances: Banking (-0.31%), Consumer Goods (+0.25%), Industrial and Oil and Gas. Market activity: In today’s trade, total volume decreased by 32%, while value increased by 437% compared to this time yesterday, as investors have traded about 91million units of shares worth N5.64billion. STERLNBANK is the most actively traded […]
Nigerian Stocks Open Week Bearish NGXASI Dips -0.1% Dragged by Bellwether Counters
November 15, 2021/Cordros Report EQUITIES Trading in the local bourse kicked off the week with bearish sentiments as investors took profit off UBA (-3.0%) and MTNN (-0.5%). Thus, the benchmark index declined by 0.1% to 43,230.34 points. Accordingly, the Month-to-Date and Year-to-Date gains moderated to +2.8% and +7.4%, respectively. […]
