May 8, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI lost 1.27% to close at 24,045.40pts. However, the market gained 4.45% for the week. In today’s trade, market breadth index was slightly negative with 15 gainers against 17 losers. UACPROP (-8.00%) was the top loser while FIDSON (+7.83%) led the gainer’s chart. FBNH was the most actively traded stock with about 63million units of shares worth about N299million. Sector Performance […]
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Vantage Capital exits Vumatel
Vantage exited the New GX transaction in 2018 and last week, Vantage’s mezzanine facility was refinanced by Vumatel May 8, 2020/Vantage Capital Group Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine debt fund manager, announced that it has fully exited its investment in Vumatel, the largest fibre-to-the-home network provider in South Africa. […]
Afrinvest Launches Dollar Fund to Help Investors Diversify their Portfolio
Culled—Proshare May 7, 2020/ Afrinvest Afrinvest Asset Management Ltd – a subsidiary of Afrinvest (West Africa) Ltd – has launched the Afrinvest Dollar Fund; a flexible solution for investors looking to add Dollar-denominated securities to their portfolio. The initial minimum investment amount is $1,000. The Afrinvest Dollar Fund is an […]
