Investors Bite

SEC Approves Extension of NPFMCRFBK Rights Issue and Public Offer Till July 30, 2021

July 4, 2021/NGX We refer to our Market Bulletin of 25 June 2021, with reference number: NGXREG/LRD/MB18/21/06/25 wherein the Market was notified of the offer period for the NPF Microfinance Bank Plc’s Rights Issue of 2,286,657,766 ordinary shares of 50 Kobo each at N1.50 per share on the basis of […]

NGX Suspends NIGERINS, ROYALEX, Two Others Effective July 2, 2021

July 4, 2021/NGX The investing public are hereby notified that pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, (Default Filing Rules), which provides that: “If an Issuer fails to file the relevant accounts by the expiration of the Cure Period, The Exchange will: a) […]

Bulls Return Strongly as NGX Gains +1.5% W/W on H1-21 Closure Activities

The bulls returned strongly to the local bourse after defeating the bears in three of the week’s five trading sessions, as investors cherry-picked stocks following H1-21 closure activities. Based on the preceding, the All-Share Index advanced by 1.5% w/w to close at 38,212.01 points. July 2, 2021/Cordros Report Global economy […]