Investors Bite

NGXASI Advances +0.84% Buoyed by Bellwether Counters

February 23, 2024/InvestmentOne Report The NGXASI advanced by 0.84% today to close at 102,088.30pts, as the buy-interests observed in BUAFOODS (+6.27%), FBNH (+6.90%) and TRANSCORP (+3.59%) drove the market into the green zone. In the Fixed income space, the Treasury Bills secondary market closed upwards, as yields declined across the short tenor, Average […]

Dangote Sugar Refinery Plc Opens Series 1 Commercial Paper Offer

February 23, 2024/Futureview Research Dangote Sugar Refinery PLC’s (“DSR” or “the Company” or “the Issuer”) has opened its debut Series 1 Commercial Paper offer of up to ₦50 billion under its ₦150bn Commercial Paper Issuance Programme (the “Offer”). The Offer is NOW OPEN and scheduled to close Tuesday, 27 February […]

United Capital Weekly Pan African Monitor Friday 23-Feb-2024

February 23, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Foreign capital inflow to banking industry drops to $832m An evaluation of the Q4-2023 Capital Importation Report by the NBS shows that, the banking sector received about $832.64m in foreign capital flow into Nigeria in 2023, which was about 60.0% […]