October 31, 2024/InvestmentOne Report The NGXASI declined today by 0.38% to close at 97,651.23pts, given the negative bias observed on TRANSCORP (-1.96%), FBNH (-1.32%) and DANGSUGAR (-2.22%) which drove the domestic bourse into the red. In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note amidst […]
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Nigerian Stocks Market Continue Bearish Run -0.4%, Dragged by ARADEL, TRANSCORP
October 31, 2024/Cordros Report EQUITIES The Nigerian stock market continued its descent as losses in ARADEL (-10.0%) and TRANSCORP (-2.0%) caused a 0.4% decline in the benchmark index to 97,651.23 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at -0.9% and +30.6%, respectively. The total volume traded increased by 37.8% […]
Janngo Capital Reaches Final Close of Its oversubscribed $78 Million Fund, Marking Africa’s Largest Gender-Equal Tech Venture Capital Fund
With this fundraising, Janngo Capital becomes the largest venture capital firm accelerating gender equality in Africa October 31, 2024/Janngo Since inception, the firm has made about 30 investments in 21 startups and has successfully exited the leading fintech company Expensya, achieving an average internal rate of return (IRR) of 48%. […]
