Investors Bite

Fidelity Bank Plc Up to N75bn Series 1 Bond Issuance Now Open

December 7, 2020/Proshare By Arthur Stevens Asset Mgt  We are pleased to inform you that the Fidelity Bank PLC (“Fidelity” or “the Bank” or “the Issuer”) up to NGN75,000,000,000 Series 1, 10 Year Fixed Rate Unsecured Subordinated Bond under the Bank’s NGN 100,000,000,000 Bond Issuance Programme is now open. The […]

Shareholders Approve GTBank’s Planned HoldCo Structure

December 7, 2020/jspcommunications The shareholders of GTBank Plc has approved the holding company structure for the bank, as they expressed excitement over the benefits they would derive from the new structure. At the Court ordered meeting held on Friday, the investors gave their approval to the company for the transfer […]

Nigerian Stocks Closes Week Positive Gains +0.72%, Driven by Oil & Gas Counters

December 4, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.48% to close at 35,137.99pts. In the same vein, the index gained 0.72% WTD. However, market breadth index was negative with 13 gainers against 19 losers . TRIPPLEG (+10.00%) led the gainer’s chart today, while ROYALEX (-8.33%) was the top loser. FBNH (-1.39%) was […]