Investors Bite

Nigerian Equities Remain Bullish +0.1%, Driven by ZENITHBANK, UCAP

July 16, 2024/Cordros Report EQUITIES Sentiments in the Nigerian equities market remained bullish, as sustained interest in ZENITHBANK (+2.6%) and UCAP (+10.0%), drove a 0.1% gain in the All-Share Index to 100,075.59 points. Accordingly, the Month-to-Date and Year-to-Date returns printed +0.0% and +33.8%, respectively. The total volume of trades rose […]

NGXASI Advance -0.10%, Buoyed by Blue Chips

July 16, 2024/InvestmentOne Report The NGXASI advanced by 0.10% today to close at 100,075.59pts, as advancements in the share price of UCAP (+10.00%), ZENITHBANK (+2.56%) and FBNH (+1.11%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note as […]

GTCO Plc Launches Public Offer to Raise N400.5Billion

July 15, 2024/JSP Communications Guaranty Trust Holding Company plc (“GTCO PLC” or the “Issuer”) (NGX: GTCO) today announced the opening of its Offer for Subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at N44.50 per Ordinary Share (the “Offer”) following the clearance of the Offer Prospectus and registration of […]