Investors Bite

Sell Down in ACCESS, FIDELITYBANK, MTNN Drag NGXASI into Bearish Zone -0.73%

February 5, 2024/InvestmentOne Report The NGXASI declined by 0.73% today to close at 103,659.81pts, as investors sell down in MTNN (-5.52%), ACCESSCORP (-3.70%) and FIDELITYBK (-9.37%) drove the market into the red zone. In the Fixed income space, the Treasury Bills secondary market closed bearish, largely driven by selloffs on the short […]

Nigerian Equities Start Week Bearish -0.7% Dragged by MTNN

February 5, 2024/Cordros Report EQUITIES   The domestic equities market resumed the week’s trading on a bearish note, as profit-taking activities in MTNN (+5.5%) undermined market performance. As a result, the All-Share Index dipped by 0.7% to 103,659.81 points, with the Month-to-Date and Year-to-Date returns moderating to +2.5% and +38.6%, […]

Investment Opportunity in FGN Savings Bond – February 2024 Offer for Subscription

February 5, 2024/Futureview Research Kindly find below details of the monthly FGN Savings Bond which opened Monday, 5 February, 2024 and will close on Friday, 9 February, 2024. FEATURES OF THE FGN SAVINGS BOND (FEBRUARY 2024 OFFER)