January 31, 2024/InvestmentOne Report The NGXASI declined by 1.90% today to close at 101,154.13pts, as profit taking in MTNN (-4.39%), ZENITHBANK (-10.00%) and GTCO (-9.76%) drove the market into the red territory. In the Fixed income space, the Treasury Bills secondary market closed down, majorly due to selloffs at the short and long […]
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Golden Oil Funding SPV Plc Announces Up to ₦3.5Bn Series 2 & 3 Asset-Backed Commercial Paper Issuance
January 31, 2024/FSDH Capital The launch of Golden Oil Funding SPV PLC (“the Issuer”) up to ₦3.5 billion Series 2 & 3 Asset-Backed Commercial Paper Issuance (“the Transaction”) under the company’s ₦15 billion Asset-Backed Commercial Paper Programme. The proposed Issuance is for a 180-day and 270-day tenor and the notes will be listed on […]
Nigerian Bourse Extends Loss, NGXASI Dips -1.9% Dragged by MTNN, Banking Counters
January 31, 2024/Cordros Report EQUITIES The domestic bourse extended yesterday’s loss as profit-taking activities on MTNN (-4.4%) and tier-1 banking stocks weighed down the bourse. Consequently, the NGX ASI declined by 1.9% to close at 101,154.13 points, with the Year-to-Date return moderating to 35.3%. The total volume traded increased by […]
