Investors Bite

FGN Savings Bond Offer Opens

May 8, 2017/Cordros Research This is to notify you of the FGN Savings Bond Offer opening today. Kindly find the features below, and download the subscription form here. The Offer closes Friday, May 12, 2017. S/N        Subject                                               Features 1 Investment type Fixed income investment – Capital and Interest […]

Lafarge Africa to seek approval to raise 140 bln naira

May 8, 2017/Reuters Lafarge Africa plans to seek shareholders’ approval next month to raise 140 billion naira ($445.86 million) and also convert some loans into equity as part of the capital injection, the company said on Monday. The local business of Lafarge Holcim said it will seek approval to convert […]

ASI: Intraday Update

May 8, 2017/InvestmentOne Research ASI as at 12.00pm: +0.09% Market movers: OANDO (+8.37%), FIDSON (+6.33%), CHAMPION (-4.67%), ZENITHBANK (-1.73%) Sector Performances: Oil & Gas (+1.16%), Consumer Goods (+0.46%), Banking (-0.58%), Industrial Market activity: Compared to this time last Friday, activity levels are down considerably as investors have exchanged a total […]