Investors Bite

AFC Leads Nigeria’s Inaugural Domestic Dollar Bond, Raising over US$900 Million

Proceeds of the bond issue will be invested in critical sectors of the Nigerian economy approved by the President on the recommendation of the Minister of Finance September 11, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced the issuance of an inaugural domestic dollar bond […]

Nigerian Stocks Gain +0.62%, Buoyed by Bellwether Counters

September 10, 2024/InvestmentOne Report The NGXASI advanced today by 0.62% to close at 96,802.80.18pts as investors buy interest in MTNN (+7.54%), OANDO (+6.70%) and TRANSCORP (+2.27%) drove the domestic bourse into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note driven by selloffs […]

Bulls Back as Nigerian Equities Gain +0.6%, Driven by MTNN, OANDO

September 10, 2024/Cordros Report EQUITIES Bullish sentiments resurfaced in the domestic bourse as gains in MTNN (+7.5%) and OANDO (+6.7%) drove the All-Share Index higher by 0.6% to 96,802.80 points. Thus, the Month-to-Date and Year-to-Date returns settled higher at +0.2% and +29.5%, respectively. The total volume of trades declined by […]