Investors Bite

United Capital Research Investment Views This Week 31st July 2023 to 4th August 2023

July 31, 2023/United Capital Global Markets Posted Weekly Gains. Equities posted weekly gains in the US market following the release of some corporate earnings, economic, and central bank news during the week. Investors’ expectations were that the Fed’s rate hikes are ending, and earnings growth will accelerate in the second […]

VFD Group Redeems N4.2Billion Series 1 Commercial Paper Under its N20bn Programme

July 28, 2023/VFD Group VFD Group, a proprietary investment company with a diverse portfolio that includes banking, non-banking financial institutions, market infrastructure, technology, real estate and hospitality, media, entertainment, and energy, has reached yet another milestone with the successful redemption of its Series 1 commercial paper valued at N4.2 billion. […]

Bargain Hunting in Bellwether Counters Drive NGXASI to +0.15 Weekly Gain

The domestic bourse closed in the green territory despite pressure from profit-taking activities during the week. Eventually, the NGX ASI rose by 0.1% w/w to close at 65,056.39 points. July 28, 2023/Cordros Report Global economy   After the “hawkish pause” witnessed in June, the Federal Open Market Committee (FOMC), at […]