Investors Bite

NGXASI Advance +0.55%, Driven by Blue Chips

December 16, 2024/InvestmentOne Report The NGXASI advanced by 0.55% today to close at 99,922.63pts, as positive sentiment observed in OANDO (+5.88%), FBNH (+1.89%) and TRANSCORP (+0.69%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed positive today, largely due to the downwards […]

Nigerian Bourse Open Week Bullish +0.6%, Buoyed by ARADEL, OANDO

December 16, 2024/Cordros Report EQUITIES The local bourse kicked off the week on a positive note as gains in OANDO (+5.9%) and ARADEL (+9.1%) caused a 0.6% increase in the benchmark index to 99,922.63. Accordingly, the Month-to-Date and Year-to-Date returns settled at +2.5% and +33.6%, respectively. The total trading volume increased by […]

LFZC Series 9 & 10 Commercial Paper Issuance of Up to NGN 10.93Bn Still Open

December 16, 2024/FSDH Update The Lagos Free Zone Company (“Issuer” or the “Company”) Series 9 & 10 Commercial Paper Issuance (“CP” or the “Issuance”), under its N30 billion Commercial Paper Programme (the “Issue”) is still open. Lagos Free Zone Company is the licensee and operator of the Lagos Free Zone […]