Investors Bite

DMO Lists Series II FGN ₦15bn 7-Year Green Bond on NSE

October 14, 2019/NSE The Nigerian Stock Exchange (NSE) (“NSE or The Exchange”) is pleased to announce the listing of the Federal Government of Nigerian (FGN) N15billion Green Bond on its daily official list, by Debt Management Office (DMO) on Monday, October 14, 2019. The 7-year Green bond issued at coupon […]

Nigerian Equities Post Largest Expansion Since September 27, Gain 0.09%

October 14, 2019/Cordros Report Equities   Nigeria’s equities market began the week on a bullish note, as the benchmark index widened by 0.09% — the largest expansion since Sept. 27 — to 26,557.44 points, following a late cross in DANGCEM. Subsequently, the Month-to-Date and Year-to-Date losses moderated to 3.88% and […]

MIDDAY UPDATE: Nigerian Stocks Down -0.10% on Losses in Banking Counters

October 14, 2019/InvestmentOne Update ASI as at 12.00pm: -0.10%.  Market movers: GSPECPLC (-9.62%), CUTIX (-8.00%), CONTINSURE (+1.77%) and UCAP (+0.47%). Sector Performances: Banking (-0.33%), Oil & Gas, Consumer Goods, and Industrial.  Market activity: In today’s early trade, total volume and value jumped 244% and 1041% respectively compared to this time […]