Investors Bite

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 […]

Gains in Dangote Cement Boosts NSE-ASI Up by +1.40%

July 23, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 1.40% to close at 24,512.27pts. However, market breadth index was flat with 11 gainers against 11 losers. DANGCEM (+10.00%) led the gainer’s chart while NEIMETH (-6.67%) was the top loser. FBNH (+1.01%) was the most actively traded stock with about 43million units of shares worth about N211million. Sector Performances NSE Industrial […]

Cadbury Nigeria Names Suleiman as New Chairman

July 23, 2020/Cadbury Nigeria Plc Cadbury Nigeria Plc (“Cadbury Nigeria” or “the Company”) today announced the appointment of Mr. Adedotun Sulaiman MFR, as its new Chairman of the Board, with effect from 22ndJuly 2020. Mr. Sulaiman, a renowned management and strategy consultant with almost 40years of experience in transformational engagements […]