Investors Bite

Access Bank Announces Exchange Offer and Minimum New Issue Yield

Culled—Proshare October 7, 2016/CardinalStone Research On 3 October 2016, Access bank announced an Exchange Offer invitation to the current holders of the U.S $350,000,000 7.25% Guaranteed Notes due 2017 to offer any or all of their existing Notes for its new U.S dollar denominated fixed rate senior notes due 2021 […]

Nigerian equities market rebounded from loss in August

October 7, 2016/Cordros Research Nigeria Equities Market The Nigerian equities market rebounded from the loss in August, with the benchmark All Share Index posting a monthly gain of 2.67%. Sentiments were mostly driven by positive announcement and reports, as well as upbeat earnings. The gain further supports the view that […]

NSE: Domestic Investors Marginally Outperform Foreign Counterparts in August 2016

October 6, 2016/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange at the end of August 2016. Table 1: Analysis of Transactions for the […]