Investors Bite

Foreign Investors’ Sell-Offs in AIRTEL, Profit-Taking in OKOMU, STANBIC Drags NGX to -1.3% Weekly Loss

Precisely, the NGX All-share Index shed 1.3% w/w to close at 38,648.91points. Specifically, foreign investors’ sell-offs of AIRTELAF (-10.0%) and profit-taking in OKOMUOIL (-9.4%) and STANBIC (-4.9%) drove the weekly loss. June 18, 2021/Cordros Report Global economy In line with our expectation, the Federal Open Market Committee (FOMC) unanimously voted […]

Lafarge Africa Announces Redemption of N33.6 Billion Matured Bond Due June 15, 2021

June 18, 2021/NGX Lafarge Africa Plc (“the Company”) announces the redemption of its matured N33.6 Billion Bond due on June 15, 2021. The Company registered a N100 Billion Bond issuance programme in June 2016, out of which the sum of N60 Billion was issued in Series 1 and 2 of […]

NGX Places GTBank on Full Suspension, Set to List Guaranty Trust HoldCo Plc

June 18, 2021/InvestmentOne Update Trading License Holders and the investing public are hereby notified that trading in the shares of Guaranty Trust Bank Plc (the Bank) was suspended today, Friday, 18 June 2021.  The suspension is necessary to prevent trading in the shares of the Bank in preparation for the […]