June 15, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost by 0.91% to close at 25,954.25pts. In today’s trade, market breadth index was negative with 25 losers against 16 gainers. PRESTIGE (-10.00%) led the loser’s chart while FIDSON (+10.00%) was the top gainer. FBNH (-1.87%) was the most actively traded stock with about 24million units of shares worth about N129million. Sector Performance · NSE Banking Index: Fell by 1.93%, as a […]
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Africa Finance Corporation Issues US$700 Million 5-year Reg S Eurobond
June 14, 2020/Aetoswire Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure solutions provider in Africa, today announces the successful issuance of a US$700 Million Reg S Eurobond, maturing 16 June 2025 (“the US$700 million Eurobond” or “the bond issuance”). The US$700 million Eurobond is AFC’s first bond issuance […]
Investors Scramble for Third Sovereign Sukuk, Records 446% Subscription
June 13, 2020/DMO The Debt Management Office (DMO) has announced the result of the third Sovereign Sukuk for which it offered ₦150 billion to investors. The Offer attracted a very high level of subscription from investors with total subscriptions of ₦669.124 billion, representing a subscription level of 446%. The impressive […]
