Investors Bite

FGN Lists First Sovereign Sukuk on FMDQ OTC Securities Exchange

April 10, 2018/FMDQ OTC In acknowledging the crucial role infrastructure plays in enabling sustainable development and enhancing quality of life and business activities, the Federal Government of Nigeria (FGN) through the Ministry of Finance (MoF) and the Debt Management Office (DMO), again demonstrated its unrelenting commitment to the development of […]

SEPLAT: Restored, Revamped & Back in Business

April 10, 2018/InvestmentOne Report Seplat announced on the 13th of March 2018 that it had successfully refinanced its existing US$300million revolving credit facility with a new four year Revolving Credit Facility (RCF) under the same terms carrying an initial interest of LIBOR plus 6% payable semi-annually. The company also issued […]

Gains Resurface on Nigerian Bourse, as Index Inch Up +0.17% on Renewed Interest in Industrial Goods Stocks

April 10, 2018/Cordros Update Gains resurfaced on the bourse, albeit marginally, as the ASI inched higher by 0.17% to 40,499.04 points, owing to renewed interests in industrial goods stocks.  Accordingly, the Month-to-Date loss dipped to 2.42%, while the Year-to-Date gain improved to 5.90%.  The Industrial Goods (+2.08%) index turned positive […]