By Daniel Anomietei/Mediacraft Following the registration of a N30 billion debt issuance programme (the “Programme”) with the Securities and Exchange Commission of Nigeria (“SEC”), Interswitch Limited (the “Sponsor” or “Interswitch”), a leading technology-driven company focused on the digitisation of payments in Nigeria and other African countries, has successfully concluded a N23 billion Series […]
Tag: investment
Central Bank Shocks Markets, Excludes Non-Banks from OMO Auction
Zedcrest Partners Ltd Bonds The FGN Bond market continued on a quiet note for the second consecutive trading session. We noticed slightly improved offers from market participants across most securities but very little volumes passed. Yields consequently remained unchanged on the average across the benchmark yield curve. We maintain a cautious […]
Africa’s Real Estate Sector Continues To Evolve Despite Market Volatility
By Daniel Anomietei/Mediacraft JOHANNESBURG, 2 OCTOBER 2019: Over the last year changes in Africa’s regulatory environments, coupled with constant swings in commodity prices as well as heightened political and economic tensions, have resulted in ongoing volatility in the continent’s real estate markets. Despite this, fundamental demand-supply imbalances continue to present a largely […]
NSE-ASI depreciate by 0.84% as bears continue to hold the market
By Financescape The negative investor sentiment persists today in the Nigerian equities market, the All-share index depreciated by -0.84% to close at 27,085.69 basis point, Market capitalization closed at N13.185 trillion, Total of 151,197,747 Shares was traded in 2,895 deals valued at N2,521,448,950.47 Year-to-Date (YTD) returns currently stands at -13.89%. Share on: […]