September 4, 2019/Cordros Update EQUITIES The Nigerian equities market recorded its first loss of the week, as the benchmark index declined by 0.97% to 27,319.64 points. Thus, the Month-to-Date and Year-to-Date losses worsened to 0.75% and 13.08% respectively. The total volume of trades decreased by 14.94% to 250.45 […]
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ZenithBank Launches Invitation to Noteholders of $500 Million to Purchase Notes for Cash
September 4, 2019/NSE Zenith Bank Plc, a public limited liability company incorporated in the Federal Republic of Nigeria (the “Company”) has today launched an invitation to holders (the “Noteholders”) of the U.S.$500,000,000 7.375% Notes due 2022 (Regulation S: Common Code: 161983977, ISIN: XS1619839779; Rule 144A: Common Code: 161984078, ISIN: US98935LAB36, […]
MIDDAY UPDATE: Nigerian Stocks Dip -0.63% on Losses Across Sectors
September 4, 2019/InvestmentOne Report ASI as at 12.00pm: -0.63%. Market movers: FO (-9.73%), NESTLE (-3.85%), UACN (+9.89%), AFRIPRUD (+9.37%). Sector Performances: Consumer Goods (-1.90%), Oil & Gas (-0.97%), Industrial (-0.53%) and Banking (+0.59%). Market activity: In today’s early trade, both total volume and value declined by 56% compared to […]
