Investors Bite

Chapel Hill Denham to list N200bn infrastructure fund on NGX

October 4, 2023/NGX In a significant development, Nigerian Exchange Limited (NGX) is set to admit the Nigeria Infrastructure Debt Fund (NIDF), a N200 billion public infrastructure investment fund by Chapel Hill Denham, onto the Exchange. The Exchange, in commemorating the listing, will host a Facts Behind the Listing and Closing […]

Nigerian Stocks Reverse Previous Gains, Dips -0.4% Dragged by MTNN

October 4, 2023/Cordros Report EQUITIES   The Nigerian equities market reversed yesterday’s gains as late sell pressures on MTNN (-3.9%) drove the benchmark index 0.4% lower to close at 66,482.28 points. As a result, the Month-to-Date and Year-to-Date returns printed +0.2% and +29.7%, respectively.   The total volume of trades […]

FGN Ijara Sukuk Bond Opens

October 4, 2023 By InvestmentOne Update The offer Summary:  Opening Date:      October 3, 2023 Closing Date:        October 11, 2023 Settlement Date:  October 13, 2023 Duration: 10-years due October 2033 at 15.75% per annum   Unit of Sales and subscription amount: N1,000 per unit subject to a minimum Subscription of N10,000 and in multiples […]