Investors Bite

CILEASING Lists 377.4 Million Additional Shares

July 24, 2020/NSE An additional 377,393,667 ordinary shares of C & I Leasing Plc was listed on the Daily Official List of The Nigerian Stock Exchange (The Exchange) on Thursday 23rd of July, 2020.  The additional shares listed on The Exchange arose from the Company’s Rights Issue of 539,003,333 ordinary […]

NSE Records Highest Weekly Gain in Seven Weeks, ASI Advances +0.6%

July 24, 2020/Cordros Weekly Sentiments remained weak in the domestic market amidst rising COVID-19 cases in the country as well as persisting FX illiquidity. However, a one-off gain on Thursday, driven by a surge DANGCEM (+6.5%), led the domestic bourse to its largest weekly gain in seven weeks. Global economy […]

SSA Eurobond Market in H2-2020: Monetary stimulus to spur market recovery

July 24, 2020/United Capital Early in the year, activities at the primary Eurobond market were business as usual for SSA countries. Gabon opened the year with a $1.0bn issuance in Jan-2020, followed by Ghana with a $3.0bn issuance in Feb-2020. Both auctions were widely oversubscribed with subscription rates of 3.5x […]