Investors Bite

Intraday Update: Nigerian Stocks Gain +0.02%, Buoyed by Bellwether Counters

June 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.02%  Top Gainers and Losers: ETI (+8.41%),  CHAMS (+7.14%), PRESTIGE (-9.09%) and UNITYBNK (-8.00%).  Sector Performances: Banking (+0.16%), Consumer Goods (+0.01%), Oil & Gas and Industrial.  Market activity: In today’s trade, total volume and value increased by 27% and 55% respectively, when compared to this time yesterday, as investors have traded about 149 […]

VFD to Raise N30 Billion Fresh Capital, Divest 75% Stake in Abbey Mortgage

June 7, 2024/VDF Group The Board and Management of VFD Group Plc wishes to inform the general and investing public of the strategic decisions made during our recent board meeting held on Thursday, May 30, 2024. These decisions reflect our ongoing commitment to sustainable growth, prudent financial management, and maximizing […]

Oando Announces Successful US$550m Participation in Project Gazelle

June 7, 2024/Oando Plc Oando PLC, Nigeria’s leading indigenous energy group, hereby wishes to notify the public that on May 17, 2024, it was party to the successful closure of a US$925m accordion arranged and coordinated by African Export-Import Bank (Afreximbank) for Project Gazelle. The accordion arrangement saw a contribution […]