February 25, 2021
  • February 25, 2021

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How Federal Government raises N2.36 trln, Corporates N192 bln via capital market in 2020 ~NSE CEO

by on January 20, 2021 0
By Samuel Bankole The Nigerian Stock Exchange (NSE) on Tuesday said the bull run in 2020 on the local bourse was largely driven by the “unattractive fixed-income yields and better-than-expected corporate earnings of listed companies.” The country’s equity market had emerged as the best-performing index in the world, surpassing the S&P 500 16.26 percent,... Read More

Dangote Cement repurchases 0.24% of its shares at N9.77 bln

by on January 11, 2021 0
By Samuel Bankole   Nigeria’s Dangote Cement on Monday said it has completed the first tranche of its share buy-back programme which resulted in the repurchased of N9.77 billion worth of the company’s shares. In a regulatory filing on Monday, the cement firm majorly owned Africa’s richest man, Aliko Dangote said the exercise resulted... Read More

NSE sets up Claims Review Panel ahead of demutualisation

by on January 8, 2021 0
By Samuel Bankole   The Nigerian Stock Exchange (NSE) on Friday said it has empaneled its Claims Review Panel in preparation for its imminent demutualisation of the Exchange. In a statement and, the NSE said the action, done on December 21, was in pursuant to the provisions of the Demutualisation of The Nigerian Stock... Read More

Nigeria’s Access Bank concludes acquisition of Cavmont Bank in Zambia, to streamline operations with local unit

by on January 6, 2021 0
By Samuel Bankole Nigeria’s Access Bank on Wednesday said its Zambian unit has concluded the acquisition of Cavmont Bank Limited after regulatory approvals in the East African country. In a regulatory filing, Access Bank said the merger of Cavmont Bank into Access Bank Zambia “is expected to take place before the end of January.”... Read More