October 2, 2024/InvestmentOne Report The NGXASI declined today by 0.33% to close at 98,232.39pts as investor selloffs recorded in OANDO (-6.78%) , UBA (-4.59%) and FBNH (-4.44%) drove the Nigerian equities market into the negative region. In the fixed income space, the Treasury Bills secondary market closed on a bearish note, mainly driven […]
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Nigerian Breweries Plc ₦599 Billion Rights Issue Still Open
October 2, 2024/FSDH Report The Nigerian Breweries PLC (“NB” or “the Company”) has commenced a Rights Issue of 22,607,491,232 Ordinary Shares at N26.50 per share on the basis of Eleven (11) new ordinary shares for every Five (5) ordinary shares held as of Friday, 12th of July, 2024. This Offer […]
Nigerian Stocks Close Bearish -0.3%, Dragged by Blue Chips
October 2, 2024/Cordros Report EQUITIES The Nigerian equities market traded with bearish sentiments driven by profit-taking activities in OANDO (-6.8%), UBA (-4.6%), FBNH (-4.4%), and ACCESSCORP (-4.1%). Thus, the All-Share Index declined by 0.3% to close at 98,232.39 points, with the Year-to-Date returns moderating to +31.4%. The total trading volume declined […]
