Investors Bite

ZENITHBANK, GEREGU Drags Market Indices by -0.5%

March 15, 2023/Cordros Report EQUITIES The Nigerian equities market continued its downward trend as profit-taking activities in GEREGU (-6.5%) and ZENITHBANK (-4.6%) caused a 0.5% decline in the All-Share Index to 55,490.20 points. Accordingly, the Month-to-Date loss increased to -0.6%, while the Year-to-Date gain moderated to +8.3%. The total volume traded […]

Fidson Says N3.5 Billion Series 4 268-day Commercial Paper Issuance Still Open

Image Credit: FSDH March 15, 2023/FSDH Update The Fidson Healthcare Plc (“Fidson” or the “Company”) Series 4 Commercial Paper (“CP”) of up to ₦3.5 Billion under its ₦10 billion CP Programme (the “Programme”) is Still Open. Fidson is one of the leading pharmaceutical manufacturing companies in Nigeria. The Company is […]

Flat6Labs Launches New US$95M Venture Capital Fund to Expand its Impact in Africa

The fund will invest in more than 160 early-stage startups over the next five years that operate in the technology sector in Africa March 14, 2023/Flat6Labs Flat6Labs, MENA’s leading seed investor, has announced the launch of a new US$95 million Seed Fund to nurture the growth and development of early-stage […]