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Morning Flash - Rights Issue: FBN Holdings to invest N103.1bn in corporate, retail business segments | InfoWARE Finance

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Morning Flash - Rights Issue: FBN Holdings to invest N103.1bn in corporate, retail business segments
(Source: Securities Africa Nigeria Research, Date: 05-Nov-2024)

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Market Summary -05/11/2024

 

·         Nigeria

-0.54 USD8.54.m; N8.5bn

 

Sectorial Performance

 

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NIGERIA NEWS

 

Market News:

·         CSCS Triggers 0.59% Fall in NASD OTC Bourse - BusinessPost

·         Rights Issue: FBN Holdings to invest N103.1bn in corporate, retail business segments - Vanguard

·         Q3'24: Unilever Nigeria records 46% growth in turnover to N103.8bn - Vanguard

·         Naira Crashes 0.61% on High FX Demand, Weak Supply - BusinessPost

·         Oando Plc profit drops by 44% "" Report - Punch

·         Access Holdings' gross earnings hit N3.4tn "" Punch

·         Trading in Oando Shares Resumes as NGX Removes Embargo - BusinessPost

 

Economy News:

·         Food inflation: Imported rice price jumps by 114% "" Punch

·         Imported petrol cheaper than Dangote's N990/litre "" Marketers - Punch

·         Apapa Customs revenue collection hits N1.8tn - Punch

 

 

 

 

 

Kind regards,

 

Securities Africa Financial Limited | 5th Floor Skye Bank Building | 30 Marina | Lagos | Nigeria

Main:+234 (909) 440 4638  |

Email: researchng@securitiesafrica.com | Web: www.securitiesafricang.com

 

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