Investors Bite

NSE Promotes ETFs as a Sound and Viable Investment Option

June 26, 2019/NSE The Nigerian Stock Exchange (NSE), the leading market for Exchange Traded Funds (ETFs) in the West African region, has commenced a three-day enlightenment campaign to increase investors’ awareness and participation in the ETFs market.  The campaign which runs from June 26 to 28, 2019, will see the […]

Airtel Africa N270.0 Billion IPO Closes June 27, 2019

June 26, 2019/Cordros Update Airtel Africa Plc (AIRTEL) IPO is now open. The book-building process (to determine the Offer Price) is expected to close on Thursday, June 27, 2019 while pricing will be announced on Friday, June 28, 2019. Please see below a summary of the terms of the Offer: […]

MIDDAY UPDATE: Nigerian Stocks Positive on Gains in Banking, Oil & Gas Counters

June 26, 2019/InvestmentOne Update ASI as at 12.00pm: 0.00%.  Market movers: CILEASING (+9.33%), FO (+4.83%), CHAMPION (-9.47%), CHAMS (-6.67%). Sector Performances: Oil & Gas (+0.43%), Banking (+0.16%), Consumer Goods (-0.05%) and Industrial. Market activity: In today’s early trade, total volume and value declined by 50% and 72% respectively compared to […]