Investors Bite

Nigeria Raises USD 4 Billion through Eurobonds

September 22, 2021/DMO After an intensive two (2) days of virtual meetings with investors across the globe, Nigeria has raised the sum of USD4 billion through Eurobonds. The Order Book peaked at USD12.2 billion which enabled the Federal Government of Nigeria (FGN) to raise USD1 billion more than the USD3 […]

MTNN Seek SEC’s Approval to Launch N90 Million Series 2 Bonds

September 22, 2021/NGX MTN Nigeria Communications Plc (MTN Nigeria) advises the Nigerian Exchange Limited (NGX) and the investing public that an application has been submitted to the Securities & Exchange Commission (SEC), for the clearance of transaction documents for MTN Nigeria’s proposed bond issuance valued at N89,999,000,000; Series 2 of […]

MIDDAY UPDATE: Nigerian Stocks Dips -0.04% Dragged by Consumer Counters

September 22, 2021/InvestmentOne Update ASI as at 12.00pm: -0.04% Market movers: CHAMS (-4.55%), VITAFOAM (-4.48%), PHARMDEKO (+9.88%) and WEMABANK (+2.63%). Sector Performances: Banking (+0.26%), Consumer Goods (-0.03%), Industrial and Oil and Gas. Market activity: In today’s trade, total volume and value decreased by 6% and 7% respectively compared to this time yesterday, as investors have traded about 44million units of shares worth N576million. UNIVINSURE is the most actively traded stock […]