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Capital Market
Ecobank Nigeria issues senior unsecured $300 million bond
A WHOLLY owned subsidiary of Ecobank Transnational Incorporated, Ecobank Nigeria, has announced it has successfully priced its USD 300 million bond issuance.The bond is expected to!-->!-->!-->…
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Delisting Plan: 11Plc to buy dissent shareholders interests at ₦213.90/s
FOR any of its shareholders that do not agree to voluntary delisting plan, 11Plc (Formerly Mobil) has set an exits price of ₦213.90 per share as exit consideration to buy dissents!-->…
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Guinness Plc: Analysts dump stock as cost pressure dampens earnings
THE stock of Guinness Nigeria Plc stock has been downgraded to sell rating by a slew of equity analysts following what they called an underwhelming outing.In the period, Guinness!-->!-->!-->…
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Delisting Plan: 11Plc to buy Dissent Shareholders interests at ₦213.90/s
FOR any of its shareholders that does not agree to voluntary delisting plan, 11Plc (Formerly Mobil) has set an exits price of ₦213.90 per share as exit consideration to buy dissents!-->…
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Meristem Securities estimates 16.10% inflation rate for January
FOLLOWING 16 consecutive months of uprising, analysts at Meristem Securities Limited in a macroeconomic report projected 16.10% inflation rate for January, 2021.The projection!-->!-->!-->…
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NSE extends losses by ₦4235.9Bn in 3-Day cold streaks
THE Nigerian Stock Exchange (NSE) extends losses by ₦425.9 billion on Wednesday in a renewed 3-day cold streaks as investors booked profits.This week, the domestic equities market!-->!-->!-->…
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Nigerian Stock Market records ₦28.3bn loss as investors book profits
THE Nigerian stock market records ₦28.3 billion loss as investors’ book profit, shedding their positions to raise cash for seventh trading session.Sell pressure!-->!-->!-->…
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Yield on bond rises as Naira depreciates at investors window
AVERAGE yield on Bonds rises to 8.7% on Tuesday as the Nigerian local currency, Naira, depreciates at investors and exporters window to ₦401 to United States dollar.Naira!-->!-->!-->…
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Miners earn a whopping $3.5 million per hour on Ethereum network
ETHEREUM miners are most certainly smiling to the bank now. This reaction is triggered by transaction costs on the Ethereum network recently reaching a new hourly record.What you!-->!-->!-->…
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Briclinks Africa lists 10 million shares on NSE growth board
THE Nigerian Stock Exchange (NSE) recorded another feat on Friday with the admission of Briclinks Africa Plc by way on introduction into the growth board.Superficially, the company!-->!-->!-->…
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