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Access Bank Announces Additional Tier 1 Eurobond Issue

September 24, 2021/NGX Access Bank Plc (“Access Bank” or the “Bank”) announces today on the Nigerian Exchange Limited that it has mandated Citi, J.P. Morgan, Renaissance Capital and Mashreqbank as Joint Bookrunners and Chapel Hill Denham and Coronation Merchant Bank as Financial Advisers and Joint Bookrunners to arrange a global investor call […]

SEC Charges Unregistered Broker for Selling $22 Million in Securities to Puerto Rico Government Entities

September 15, 2021/US SEC On September 13, 2021, the Securities and Exchange Commission charged Eliseo Acosta, a resident of San Juan, Puerto Rico, with unlawfully selling securities of Kinetic Funds I, LLC (Kinetic Funds), a purported hedge fund managed by Kinetic Investment Group, LLC (Kinetic Group), an unregistered investment adviser, […]

MIDDAY UPDATE: Nigerian Stocks Dip -0.01%, Dragged by Banking Sector

September 15, 2021/InvestmentOne Update ASI as at 12.00pm: -0.01% Market movers: CHAMS (-4.76%), FTNCOCOA (-4.17%), NNFM (+9.59%) and UPDC (+8.43%), Sector Performances: Banking (-0.31%), Consumer Goods (+0.03%), Industrial and Oil and Gas. Market activity: In today’s trade, while total volume decreased by 45%, total value increased by about 51% compared […]