Investors Bite

Nigerian Stocks Tank -0.09% on Banking Counters, as WoW Returns Up by 0.30%

December 21, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday tanked -0.09 percent to close at 30,773.68 basis points erasing the previous session’s gain of +0.32 percent; as Week-to-Date (WTD) returns went up by 0.30 percent.   InvestmentOne reports that market breadth index was positive with 29 gainers […]

FMDQ OTC Admits N13.50 Billion Union Bank Bonds

December 20, 2018/FMDQ OTC At a ceremony which held on Thursday, December 20, 2018, FMDQ OTC Securities Exchange (“FMDQ or the OTC Exchange”) commemorated the listing of Union Bank of Nigeria PLC ₦7.19 billion Series 1 and ₦6.31 billion Series 2 Senior Unsecured Fixed Rate Bonds under its ₦100.00 billion […]

Summary of December 2018 FGN Bond Auction Results

Culled—Proshare December 20, 2018/DMO                                                                                           Auction Result for the 12.75% FGN APR 2023 (Re-opening 5-year Bond), 13.53% FGN MAR 2025 (Reopening 7-Year Bond) & 13.98% FGN FEB 2028 (Re-opening 10-Year Bond) Successful bids for the 12.75% FGN APR 2023, 13.53% FGN MAR 2025, and 13.98% FGN FEB 2028 were allotted at […]