Investors Bite

NGXASI Records Marginal Gain +0.06% Driven Consumer Goods, Oil & Gas Counters

August 17, 2023/InvestmentOne Report The Nigerian equities market rose by 0.06% as the NGX-ASI closed at 64,663.78pts. In today’s trade, market breadth index was positive with 20 gainers against 17 losers. JOHNHOLT (+10.00%) was the top gainer today, while STANBIC (-9.15%) led the losers.                                                                                                                 FIDELITYBK (+2.74%) was the most actively traded […]

MTN Nigeria Proposed Issuance of up to N100bn Series 6 & 7 Commercial Paper Notes

August 16, 2023/NGX MTN Nigeria Communications Plc hereby notifies of its proposed issuance of up to N100 billion Series 6 & 7 Commercial Paper notes under its Commercial Paper Issuance Programme. The Issuance is part of the Company’s strategy to diversify its Financing options with the funds being deployed towards […]

Nigerian Bourse Records Third Straight Loss -0.5% Dragged by AIRTELAFR

August 16, 2023/Cordros Report EQUITIES   The local bourse recorded its third consecutive loss this week, following profit-taking activities on AIRTELAFRI (-5.3%). Consequently, the All-Share index declined by 0.5% to 64,625.28 points. Accordingly, the MTD and YTD gains fell to +0.5% and +26.1%, respectively.   The total volume traded increased […]