- NGX All-Share Index Declines as Investors Book Profit
- XRP Slips as New York Files Lawsuit Against Prediction Platform
- Transcorp Hotels Shareholders Barely React to H1-2026 Earnings
- AVA Capital’s NGX Debut Opens New Investment Window, Market Eyes Thin Free Float
- May & Baker Margin Expansion, Balance Sheet Strength Drive H1 Earnings Despite Flat Revenue
- Binance bStocks Hits $500m in AUM as Investors Turn to Tokenised Stocks
- Sterling Financial Rallies Against Market Tide, Ranks Among NGX’s Top Gainers
- Apple Beats Q3 Earnings Expectations, EPS Surges 29%
Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
Interswitch Limited Lists ₦23Billion Bond on Nigerian Stock Exchange. The Nigerian Stock Exchange has announced that it has listed Interswitch Limited’s N23billion Bond on Friday, 31 January 2020. The Exchange in a statement said the Callable Senior Unsecured Bond, with a tenor of seven years, at a fixed rate of 15 per cent, is part of a N30 billion Debt Issuance Programme issued through a Special Purpose Vehicle – Interswitch Africa One Plc.
Nigerian Breweries to raise N45 billion commercial paper. Nigerian Breweries Plc will be in the market from Monday to raise N45 billion series 5 and 6 commercial paper programme.
2019 Budget implementation: CBN raises ₦8.5 trillion overdraft for FG.
Pro-Market Experts Task FG On Market-friendly PPP arrangement. As a key alternative to ramping up debt profile, crowding out private sector in the debt market, experts have advised Federal Government to use market-friendly Public-Private Partnership (PPP) to solve the nation’s infrastructural deficit.
Jaiz Bank blockbuster earnings performance lifts stock price by 9.1%. Jaiz Bank Plc has reported an impressive earnings performance this season, as non-interest lender significantly grew profit for the year by 114%.
Important decision turns bad for Unilever as sales drop amid rising cost. Unilever Nigeria Plc (www.unilevernigeria.com) 2019 earnings scorecard disappoints analysts, shareholders and market have not got rid of it poor performance. The company made loss in its 2019 results upon taking key decision about its operations and actors in its distribution channels.
NSE Introduces Growth Board For SMEs To Raise Capital, Trade Shares. The Nigerian Stock Exchange today launched its Growth Board as part of its initiatives to deepen the market and increase trading activities.
Equities market indices retreat as investors’ dump pricey stocks. There was a pullback in the market after trading session today. Investors dumped weighty and highly price stock dragged stock market indices
Banks may shake on MPC’s CRR move –Cardinalstone. The increase in cash reserve ratio by 500 basis points may wobble deposit money banks, analysts at Cardinalstone partners have said.
Union Bank sells UK Subsidiary to consolidate growth in Nigeria. Union Bank of Nigeria Plc today announced decision to divest of its subsidiary in the United Kingdom in order to focus on Nigeria’s market.