July 9, 2024/United Capital United Capital Asset Management Ltd., a subsidiary of leading Pan-African investment and financial services group, United Capital Plc, proudly announces the launch of a new mutual fund, the United Capital Stable Income Fund. This new fund underscores the company’s commitment to delivering innovative and reliable financial […]
Investors Bite
GTCO Prices Public Offer at N44.5 Kobo Per Share
July 9, 2024 By InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (GTCO) on Monday announced its plans to raise N400.5 Billion by way of Public Offer of nine ( 9) billion shares at N44.5 per share to meet up with the ongoing bank recapitalisation directed by the Central Bank of Nigeria […]
GTCO Drags Nigerian Equities to -0.2% Loss Ahead of N400Bn Capital Raise
July 9, 2024/Cordros Report EQUITIES The domestic stock market continued its descent as profit taking activities in GTCO (-4.2%) caused a 0.2% decline in the benchmark index. Consequently, the All-Share Index settled at 99,805.95 points, with the Month-to-Date and Year-to-Date returns moderating to -0.3% and +33.5%, respectively. The total volume […]
