Investors Bite

Dangote Sugar Opens Series 6 & 7 Commercial Papers Issuance

December 6, 2024/FSDH Update Dangote Sugar Refinery PLC’s (“DSR” or the “Company” or the “Issuer”) Series 6 and 7 Commercial Paper offer of up to ₦50 billion under its ₦150bn Commercial Paper Issuance Programme (the “Offer”). The Offer is NOW OPEN and scheduled to close on Thursday, 12 December 2024. The Company is a subsidiary of Dangote […]

Nigerian Equities Close Week Bullish +0.7%, Buoyed by Huaxin Cement, SEPLAT, ACCESS

The Nigerian equities market closed the week on a positive note, largely driven by gains in WAPCO (+27.6%) – following the announcement of the proposed sale of the company’s majority stake to Huaxin Cement – SEPLAT (+7.6%), and ACCESSCORP (+6.9%). As a result, the All-Share Index (ASI) advanced by 0.7% […]

Intraday Update: Nigerian Stocks Inch Up +0.07% on Bellwether Gains

December 6, 2024/InvestmentOne Update ASI as at 12.00pm: +0.07% Top Gainers and Losers: NSLTECH (+7.69%), SOVRENINS (+7.69%), CORNERST (-7.88%) and CHAMPION (-5.00%). Sector Performances: Banking (+0.38%), Industrial (+0.02%), Oil & Gas (-0.15%) and Consumer Goods (-0.02%). Market activity: In today’s trade, total volume and value increased by 89% and 180% […]