Investors Bite

NSE Issues Effective Date of the Rule Governing Free Float Requirements

December 24, 2019/NSE Further to the earlier announced notice of deferral of effective date of the Rules Governing Free Float Requirements for Issuers Listed on The Nigerian Stock Exchange, issued on i.e., Friday, 31 May 2019, the Rules Governing Free Float Requirements for Issuers Listed on The Nigerian Stock Exchange […]

Airtel Africa Prices Malawi IPO for MK 12.60 (USD 0.021) Per Ordinary Share

December 24, 2019/NSE Airtel Africa Plc (“Airtel Africa” or “Group”), a leading provider of telecommunications and mobile money services, with presence in 14 countries across Africa, further to its announcement of 11 December 2019 of its intention to float its local business Airtel Malawi plc (“Airtel Malawi” or the “Subsidiary”) on […]

Nigerian Stocks Shed -0.99% on Christmas Eve, Dragged by Insurance Counters

December 24, 2019/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.09% to close at 26,092.82pts. Similarly, in today’s trade, market breadth index was negative with 12 losers against 9 gainers. LAWUNION (-9.09%) led the losers’ chart while UNILEVER (+9.65%) was the top gainer today.                                                                                                 LAWUNION (-9.09%) was the […]