Investors Bite

MTNN in the News: Yesterday, Sale of Shares, Today, Approval in Principle

November 5, 2021/CSL Research Recently, the telecom giant, MTN Nigeria (MTNN), announced MTN Group’s intention to proceed with a public offer for the sale of up to 575million shares in its subsidiary, MTN Nigeria. The offer for sale in MTNN will be done vis-a-vis a bookbuild to institutional investors and fixed price to retail […]

FGN Savings Bond November 2021

November 5, 2021/InvestmentOne Update The offer for the Fifty third (53rd) series of the FGN savings bond will be coming up between the 1st of November 2021  and 5th of November 2021 and Investment One Stockbrokers Int’l Ltd as a Distribution Agent (DA) for the bond, will be receiving applications from the investing public starting from the 1st […]

NGX All-Share Index Shed 0.1% Week-on-Week Dragged by Profit-Taking in Bellwether

We observed investors took advantage of the gains recorded over the past month in booking profit on bellwether stocks. Accordingly, the NGX All-Share Index shed 0.1% to close at 42,014.50 points.  November 5, 2021/Cordros Report Global economy   The United States Federal Open Market Committee (FOMC) voted unanimously to maintain […]