Investors Bite

FSDH Top Picks: Synchronised Rebound in Domestic and Global Equity Performance

June 6, 2024/FSDH Research Kindly click here to download the report The Nigerian equities market rebounded from April’s dip, underpinned by bargain hunting on some bellwether counters, particularly in the banking sector. The month started on a negative note for Nigerian equities as bearish momentum dominated the first three weeks, with investors […]

Fidelity Bank Announces N29.6Bn Rights Issue, N97.5Bn Public Offer

June 5, 2024/Fidelity Bank Plc Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to N127.1bn by way of a Rights Issue to existing shareholders and a Public Offer. The Combined Offer is a part of the Bank’s strategy to increase its share capital base […]

Oando Says Johannesburg Stock Exchange Lifts Suspension of Securities Listing

June 5, 2024/NGX Oando Plc, an indigenous energy group in Nigeria listed on the Nigerian Exchange Limited (NGX) and the Johannesburg Stock Exchange (JSE) has informed the public and its shareholders that it has received confirmation from the JSE that the suspension on the secondary listing of the company’s securities […]