Culled—Proshare May 9, 2017/Afrinvest Research The Debt Management Office (DMO) on behalf of the Federal Government of Nigeria offers for subscription the 2-Year and 3-Year FGN Savings Bond due April 12, 2019 and 2020 at 13.189% and 14.189% respectively. The May 2017 offer opens today Monday, 8th May 2017 and will close […]
Investors Bite
Lafarge Africa Plc Opts for Rights Issue amidst debt restructuring
Culled—Proshare May 9, 2017/Vetiva Research Proposes ₦140 billion capital raise via Rights Issue Details on timing and price are yet to be communicated Issue targeted at managing quasi-equity instrument Earnings dilution on the brink albeit with some benefits Valuation maintained pending further details Proposes capital raising of ₦140 billion via […]
ASI: Intraday Update-InvestmentOne
May 9, 2017/InvestmentOne Research ASI as at 12.00pm: +0.32% Market movers: OANDO (+10.14%), FIDSON (+9.52%), JAIZBANK (-4.76%), WAPCO (-2.32%) Sector Performances: Oil & Gas (+2.05%), Banking (+1.10%), Consumer Goods (+0.05%), Industrial (-1.07%) Market activity: Investors have exchanged a total of 60m units of shares worth N700m so far today, more […]
