Nigerian Breweries goes to market to raise ₦48bn commercial paper. Amid rising cases of coronavirus, Nigerian Breweries Plc said its commercial papers will be opened for subscription on Monday as the company seeks to raise up to N48 billion.
GTB: How the godfather of retail banking strategy bolsters earnings, market share Julius Alagbe The struggle to serve its customers and shareholders well has been the top priority of Segun Agbaje, the Group Managing Director and Chief Executive Officer at the Guaranty Trust Bank Plc. The financial service boutique’s blockbuster earnings...
Naira stands as robust liquidity keeps money market rates single. Despite the sloppy external reserve movement, Naira remains stable at the foreign exchange market in the past week.
NSE, Meristem pitch ETFs as a smart investing tool. The Nigerian Stock Exchange partners Meristem Wealth Management limited on ‘Smart Investing Tools Workshop’ to pitch benefits of Exchange Traded Funds (ETFs) as an investing tools.
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.
Investors’ fortune increase as stock market cap hit N15.3 trillion. Yet again, investors’ fortunes have increased on the back of an improved sentiment that has consistently resulted to shares appreciation on the floor of the Nigerian Stock Exchange (www.nse.com.ng) in January, 2020.
Investors gain N2.2 trillion as NSE outperforms globally. The equities investors’ fortunes have increased N2.2 trillion, just as the Nigerians Stock Exchange outperformed global peers.
Yusuf Binji leads BUA Cement to emerge as third largest on NSE. This listing makes the cement company to emerge as third largest on the local bourse, thus pushed market capitalisation to N15.16 trillion.
NSE Discloses Results of Market Indices Review. The Nigerian Stock Exchange (NSE), the premier sustainable exchange servicing Africa’s largest economy, has announced the results of its annual full year market index review.
Equities investors gain N76. 7 billion as All-Share-Index grows 60 basis points. The performance of the equities market strengthened on Monday as equities investors gained N76.7 billion.