Investors Bite

Bears Sustain Hold as Nigerian Bourse Declines -0.1%, Dragged by OANDO

August 14, 2024/Cordros Report EQUITIES   The bears continued to dominate the local bourse as the All-Share Index dipped by 0.1% to close at 97,248.82 points. Today’s market performance was undermined by losses in OANDO (-10.0%). Sequentially, the Month-to-Date and Year-to-Date returns moderated to -0.5% and +30.1%, respectively. The total […]

OANDO, SEPLAT Drags NGXASI -0.14% Loss

August 14, 2024/InvestmentOne Report The NGXASI declined by 0.14% today to close at 97,248.82pts as the losses printed on OANDO (-9.95%), SEPLAT (-1.26%) and NB (-4.52%) drove the local bourse into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note due to buying […]

United Capital Group Transcend Borders with Landmark Corporate Bond in Sierra Leone

August 13, 2024/CAMCAN United Capital Group, a leading pan-African investment banking and financial services institution, has successfully led the issuance of Sierra Leone’s first local currency corporate bond, valued at SLE32 million (approximately US$1.4 million). This historic milestone signifies a transformative moment for Sierra Leone’s capital market. Acting as the […]