Investors Bite

Sterling Holdco Set to Finalise US$50m Capital Raise

September 19, 2024/Sterling Bank Plc Culled: Proshare.co In a recent release, Sterling Financial Holdings Company Plc informed investors that it would be embarking on the bank’s recapitalisation in compliance with the Central Bank of Nigeria (CBN) requirements for a national license. This includes raising US$50m in fresh capital through a […]

The Coca-Cola System in Nigeria Provides Economic Boost Through Major Investment

The US $1 billion investment will support job creation across the value chain September 19, 2024/Coca-Cola The Coca-Cola System in Nigeria, comprised of Coca-Cola Nigeria Limited and its authorized bottler, Nigeria Bottling Company (NBC), announced plans to expand its investments in Nigeria. Over the next five years, with a predictable […]

NGXASI Declines -0.19% on Losses in FBNH, OANDO, STANBIC

September 19, 2024/InvestmentOne Report The NGXASI declined today by 0.19% to close at 98,049.04pts as investors selloff their shares in FBNH (-9.88%), OANDO (-4.76%) and STANBIC (-3.51%) drove the Nigerian bourse into the negative territory. In the fixed income space, the Treasury Bills secondary market closed downwards driven by selloffs observed within […]