November 10, 2021/NGX Nigerian Exchange Limited (“NGX” or “The Exchange”) is set to host its 4th Retail Investor Workshop this year on Tuesday, 16 November 2021. The webinar with the theme, Creating an Investment Portfolio That Works in a Post-Covid Era is in line with The Exchange’s aim to drive the development and […]
Investors Bite
Nigerian Bourse Reverses Bullish Sentiment, ASI Falls by -0.05% on Losses Across Sectors
November 10, 2021/InvestmentOne Report The Nigerian equities market closed negative by 0.05% as NGX-ASI closed at 43,707.30 pts. In today’s trade, market breadth index was slightly negative with 19 losers against 18 gainers. REDSTAREX (-9.86%) was the top loser, while NEIMETH (+10.00%) led the gainers today. FLOURMILL (+0.52%) was the most actively traded stock with about 51million units of shares worth […]
Moody’s Assigns B2 to Fidelity Bank Plc’s Senior Unsecured Notes
November 10, 2021 by Moody’s Investors Services Moody’s Investors Service (“Moody’s”) has assigned a B2 rating to senior unsecured notes issued by Fidelity Bank plc (Fidelity; B2 negative, b3). The outlook is negative. Ratings Rationale The B2 rating assigned to the senior unsecured class of notes is aligned with Fidelity’s B2 issuer […]

