Investors Bite

Nigerian Equities Market Close Green on Gains in Bellwether Counters

October 9, 2017/InvestmentOne Research Please click to download the Market Report for Monday 9th October 2017 EQUITIES:   The equities market closed in the green for the fourth consecutive trading session on the back of the gains in DANGCEM (+315pts) and GUARANTY (+113pts). These gains more than offset the sell-off in Banking […]

FGN Bond Auction Opened October 9, 2017

October 9, 2017/ARM The October Auction opens today and closes Friday, October 13, 2017. Please find details stated below. 2-Year FGN Savings Bond due October 18, 2019: 12.059% per annum 3-Year FGN Savings Bond due October 18, 2020: 13.059% per annum Opening Date: October 9, 2017 Closing Date: October 13, […]

Oando Gas & Power Rebrands as Axxela

Culled—Proshare October 9, 2017/Proshare WebTV  Oando Gas & Power Limited (“OGP”), the erstwhile midstream business subsidiary of Oando PLC (“Oando”), has formally announced the change of its corporate identity and branding to Axxela Limited (“Axxela”).  The rebranding effort follows the recent US$115.8million acquisition of a 75 percent equity stake in […]