Investors Bite

AfDB Invests in Pioneering SPARK+ Africa Fund to Deliver Clean Cooking Solutions

The Bank’s investment, which will come from its Sustainable Energy Fund for Africa (SEFA), is expected to enable the participation of other interested investors November 30, 2020/AfDB The African Development Bank’s Board of Directors has approved a $5 million investment in the SPARK+ Africa Fund to deliver clean cooking solutions […]

NSE Migrates Four Companies from ASeM to Growth Board

November 30, 2020/NSE The Nigerian Stock Exchange (“NSE” or “The Exchange”) is pleased to announce the migration of Chellarams Plc, Living Trust Mortgage Plc, McNichols Plc, and The Initiates Plc from the Alternative Securities Market (ASeM) to the Growth Board and the launch the associated Growth Board Index on Monday, […]

Nigerian Stocks Open Week Positive as NSE-ASI Gains +0.45% Driven by Airtel

November 30, 2020/InvestmentOne Update The Nigerian equities market closed up today as NSE-ASI gained 0.45% to close at 35,042.14pts. However, market breadth index was negative with 17 gainers against 29 losers . AIRTELAFRI (+10.00%) led the gainer’s chart today, while NNFM (-10.00%) was the top loser. MULTIVERSE was the most actively traded stock with about 84million units of shares worth […]