Investors Bite

EBRD invests €100 million in Green Genius

October 3, 2024/EBRD By Rezo Bitsadze The EBRD becomes a minority shareholder in Green Genius, a renewables developer The Bank’s equity investment will fund the company’s European expansion plans Green Genius to support renewable energy development in EBRD economies The European Bank for Reconstruction and Development (EBRD) is supporting the expansion […]

NGXASI Dips -0.33% on Selloffs in Bellwether Counters

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 […]

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 […]