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Axxela Funding Lists N11.5bn Bonds on the Nigerian Stock Exchange

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Nigerian stock market

Axxela Funding Listed N11.5 Billion Bonds on Stock Exchange

Axxela Funding 1 Plc listed N11,500,000,000 Series 1 bonds at a 14.30 percent fixed rate on the Nigerian Stock Exchange on Thursday.

The bonds expected to mature in 2027 were issued under the N50,000,000,000 Bond Issuance Program today.

In a statement published on the Nigerian Stock Exchange, Axxela said: “Dealing Members are hereby notified that the Axxela Funding 1 Plc’s N11,500,000,000 Series 1; 14.30% Fixed Rate Bonds due 2027, under the N50,000,000,000 Bond Issuance Program were today, Thursday, 16 July 2020 listed on The Nigerian Stock Exchange.”

See the complete details below.

axxela bonds

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market.

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Total, Ardova, Unilever Close in Red as Stock Investors Gain N40bn on Tuesday

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Stock Investors Gain N40bn on Tuesday as Total, Ardova, Unilever Close in Red

Stock investors gained N40 billion on Tuesday despite Total Nigeria, Ardova, Unilever and others closing in the red.

The market capitalisation of listed equities expanded by N40 billion from N12.919 trillion it closed on Monday to N12.959 trillion on Tuesday.

While the NSE All-Share Index appreciated by 0.31 percent from 24,766.2 basis points to 24,841.94 bps on Tuesday.

Investors traded 154.467 million shares valued at N1.458 billion in 4,222 transactions during the trading hours of Tuesday. See the details below.

Top Trades by Volume

Symbols

Volume

Value

TRANSCORP

13,543,976

N8,078,600.75

FBNH

11,715,168

N59,183,877.90

WAPCO

8,958,428

N105,262,432.95

NB

8,871,692

N283,820,516.30

CUSTODIAN

8,640,185

N43,345,564.70

 Top Gainers

Symbols

Last Close

Current

Change

%Change

SEPLAT

N310.2

N321

10.8

3.48%

NB

N31

N32

1

3.23%

FLOURMILL

N18.75

N19.5

0.75

4.00%

ZENITHBANK

N16.35

N16.95

0.6

3.67%

UACN

N6.3

N6.85

0.55

8.73%

 Top Losers

Symbols

Last Close

Current

Change

%Change

TOTAL

N87.8

N79.1

-8.7

-9.91%

CAP

N17.1

N15.4

-1.7

-9.94%

ARDOVA

N13.45

N12.15

-1.3

-9.67%

UNILEVER

N12.25

N11.2

-1.05

-8.57%

GLAXOSMITH

N5.3

N4.85

-0.45

-8.49%

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Insider Dealing: Zenith Bank’s non-Executive Director Purchases 578,574 Zenith Shares

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Zenith Bank

Zenith Bank’s non-Executive Director Purchases 578,574 Zenith Shares

Zenith Bank Plc on Monday disclosed that a non-Executive Director, Prof. Oyewusi Ibidapo-Obe, purchased 578,574 shares of Zenith Bank Plc.

In a statement released on the Nigerian Stock Exchange and signed by Michael Osilama Otu, Company Secretary/General Counsel, Zenith Bank, the lender said the transaction took place on May 15th 2020 at the Nigerian Stock Exchange in Lagos.

Prof Oyewusi Ibidapo-Obe purchased the shares at N15.35 per share, according to the details of the transaction. See the details below.

zenith bank

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Stock Market Gains on Monday Despite Dangote Sugar, UACN, AIICO Closing lower

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Stock Market Gains Slightly  on Monday

The Nigerian Stock Exchange closed slightly higher on Monday as stocks of Flour Mill, BUA Cement, GTbank and others boosted the Exchange.

The market capitalisation of listed equities expanded to N12.919 trillion while the NSE All-Share Index gained 0.29 percent to 24,766.2 basis points.

Investors traded 186.472 million shares valued at N1.309 billion during the trading hours of Monday.

Top Trades by Volume

Symbols Volume Value
TRANSCORP 23,385,372 N14,348,320.96
CUSTODIAN 19,137,859 N97,724,452.45
GUARANTY 18,172,525 N411,609,101.25
FBNH 13,534,675 N69,701,344.55
UBA 9,715,385 N60,519,664.65

Top Gainers

Symbols Last Close Current Change %Change
FLOURMILL N17.05 N18.75 1.7 9.97%
BUACEMENT N39.4 N40.2 0.8 2.03%
GLAXOSMITH N4.9 N5.3 0.4 8.16%
GUARANTY N22.5 N22.85 0.35 1.56%
NEIMETH N1.5 N1.65 0.15 10.00%

Top Losers

Symbols Last Close Current Change %Change
UACN N7 N6.3 -0.7 -10.00%
DANGSUGAR N11.95 N11.5 -0.45 -3.77%
CUSTODIAN N5.5 N5.1 -0.4 -7.27%
NEM N2 N1.9 -0.1 -5.00%
AIICO N0.94 N0.85 -0.09 -9.57%

 

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