July 17, 2020/Cordros Report Global economy The Chinese economy returned to growth in the second quarter, marking an important milestone in the global struggle to climb out of the slump brought about by the coronavirus. GDP expanded by 3.2% y/y in Q2-20, reversing a 6.8% y/y decline in Q1-20 and […]
Investors Bite
Gains in Banking, Telco Names Boost NSEASI by +0.82%
July 16, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.82% to close at 24,330.06pts. In today’s trade, market breadth index was slightly positive with 17 gainers against 16 losers. IKEJAHOTEL (+9.80%) led the gainer’s chart while NAHCO (-9.17%) was the top loser. STERLNBANK (+0.81%) was the most actively traded stock with about 60million units of shares worth about N75million. Sector Performances · NSE Banking […]
NSE Commemorates Axxela Limited’s Debut Bond Listing of N11.5 Billion with Digital Closing Gong Ceremony
July 16, 2020/NSE Axxela Limited has joined the register of companies to successfully raise capital on the floor of The Nigerian Stock Exchange (NSE or The Exchange) even in these challenging times. The company listed the Axxela Funding 1 Plc’s N11,500,000,000 Series 1; 14.30% Fixed Rate Bond due 2027, under […]
