Investors Bite

NGX Limited Launches Enhanced Brokers Performance Ranking Report

June 11. 2021/NGX Nigerian Exchange Limited (NGX) has launched an enhanced broker performance ranking report designed to provide detailed insight into the performance of Trading License Holders across asset classes and improve participation in other exchange products. The new ranking report was launched on Thursday, 10 June 2021, via a […]

Ecobank successfully launches US$350 million 10NC5 year Tier 2 Sustainability Notes

This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa June 11, 2021/Ecobank Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group (www.Ecobank.com), is pleased to announce that it has successfully raised US$350 million Tier 2 Sustainability Notes. This represents […]

Foreign Investors’, Bargain Hunting in Bellwether Spur Nigerian Stocks to +1.1% Weekly Gain

In line with our expectations, sentiments remained broadly positive for the second consecutive week, as investors continued to cherry-pick stocks with attractive dividend yields ahead of H1-2021 dividend declarations. Notably, foreign investors’ interest in OKOMUOIL (+20.7%) and bargain-hunting in STANBIC (+6.1%), FLOURMILL (+5.3%), DANGCEM (+4.6%) and DANGSUGAR (+4.4%) spurred the […]