Investors Bite

Airtel Africa Sells $200 Million Mobile Money Business to TPG

—–Eyes Listing of Mobile Money Business by 2025 March 18, 2021/CMC Connect Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces the signing of an agreement under which The Rise Fund, the global impact investing platform of leading […]

MIDDAY UPDATE: NSE-ASI Up +0.53% on Gains in Banking, Industrial Counters

March 18, 2021/InvestmentOne Report ASI as at 12.00pm: +0.53%. Market movers:,  ETERNA(+9.96%),LASACO (+7.50%), ABCTRANS (-6.67%) and STERLNBANK (-6.37%). Sector Performances:, Banking (+4.34%), Industrial (+0.16%), Consumer Goods (-0.21%) and Oil and Gas (-0.11%). Market activity: In today’s early trade, total volume and value increased by 401% and 249% respectively, compared to this time yesterday, as […]

Profit-Taking in GTBank, FBNH Drags Nigerian Equities Down -0.04%

March 17, 2021/Cordros Report EQUITIES Negative sentiments resumed in the local bourse following yesterday’s positive performance. Profit-taking in the shares of GUARANTY (-1.8%) and FBNH (-1.4%) dragged the NSE ASI lower by 4bps to close at 38,706.13 points. Accordingly, the Month-to-Date and Year-to-Date losses increased to -2.8% and -3.9%, respectively. […]