Investors Bite

Another Decent Outcome for the DMO

Culled—-Proshare March 23, 2018/FBNQuest Research    At this week’s monthly auction of FGN bonds, the DMO offered N80bn, attracted a total bid of N143bn and raised N64bn (US$210m) from sales. It has therefore raised N254bn in Q1, compared with N430bn in the same quarter period of last year.  The DMO achieved […]

Petrolex, MAN, NIPC, others canvass for private investment in infrastructural development in Ogun

March 23, 2018/Zenera Consulting Policy makers and investors have urged Ogun State government to encourage private investment in infrastructural development. This was said during the Day 2 of the recently concluded Ogun State Investors Forum, where over 1,000 key players in the industrial, agricultural and technological sectors, gathered in Abeokuta, […]

Dropbox IPO priced higher than expected on strong demand

22/3/2018/Reuters Liana B. Baker, Nikhil Subba   Dropbox Inc’s (DBX.O) initial public offering, the largest tech stock debut in more than a year, was priced at $21 per share, the company announced on Thursday, higher than expected. At $21, the San Francisco-based company will have a market cap of about […]