January 17, 2025 By InvestAdvocate In a stark contrast to its storied dominance in Nigeria’s financial landscape, Guaranty Trust Holding Company (GTCO) has suffered a stinging blow, reporting a 48% under-subscription in its recent capital raise exercise. The institution, once celebrated as a market leader, aimed to secure ₦400.5 billion […]
Investors Bite
PepsiCo Completes Acquisition of Siete Foods
Deal Will Expand PepsiCo’s Food Portfolio to Include More Options for Consumers Looking for Positive Choices and Simple Ingredients January 17, 2025 /PepsiCo PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods (“Siete”), for $1.2 billion. Over the […]
NGXASI Gains +0.17%, Buoyed by INTBREW, Nigerian Breweries, OANDO
January 17, 2025/InvestmentOne Report The NGXASI advanced by 0.17% today to close at 102,353.68pts as the bullish sentiments witnessed in OANDO (+9.28%), INTBREW (+5.88%) and NB (+2.74%) drove the local bourse into the green. In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by the selloffs […]
