April 2, 2024/United Capital Research Global Markets – Solid Quarterly Gains Across Global Markets Last week marked the end of trading for the month of March and for Q1-2024. March was yet another solid month for financial markets with broad based market participation. The week was not too notable in […]
Investors Bite
Access Holdings Plans $1.5Bn Capital Raising, to Raise N365Bn via Rights Issue
April 2, 2024/Access Holdings Plc Access Holdings Plc has unveiled plans to establish a Capital Raising Programme of up to US$1.5bn. The Programme aims to enhance the Group’s financial strength by issuing various financial instruments such as ordinary shares, preference shares, Alternative Tier 1 capital, convertible and/or non-convertible debt, bonds, […]
Decent Demand for FGN Bonds at Latest Auction
March 29, 2024/Coronation Economic Note The DMO held its monthly auction of FGN Bonds on Monday (18 March ’24). It offered N450.0bn but raised N608.8bn through new issuance of the 19.94% FGN MAR 2027 and re-openings 18.50% FGN FEB 2031, and 19.00% FGN FEB 2034. The bids were allotted at […]
