Investors Bite

Nigerian Stocks Record +1.1% Weekly Gain, Driven by Bellwether Counters

The local bourse reversed last week’s gains as the All-Share index declined by 1.1% w/w to close at 67,395.74 points. September 15, 2023/Cordros Report Global economy According to the Bureau of Labor Statistics (BLS), consumer prices in the United States increased by 50bps to 3.7% y/y in August (July: 3.2% […]

United Capital Weekly Pan African Monitor Friday 15-Sep-2023

September 15, 2023/United Capital Anglophone West Africa Nigeria CBN Orders Banks to Save FX Revaluation Gains The Central Bank of Nigeria, CBN, has ordered banks to save gains from foreign exchange (FX) revaluation as a buffer against emerging economic shocks. The regulator in this regard stopped banks from using FX […]

United Capital Announces ₦15.0 Billion Series 5 & 6 Commercial Paper

Image Credit: FSDH September 15, 2023/FSDH FSDH Capital Limited is pleased to inform you of the upcoming launch of the United Capital Plc (“United Capital” or the “Company”) Series 5 & 6 Commercial Paper offer of up to ₦15 billion under its ₦100 billion Commercial Paper Issuance Programme (the “Offer”). […]