Capital Market

A 20-year-old student of the University of Ilorin, Sanni Hameedat, reportedly committed suicide after lending a boy she met on the social media platform, Snapchat, the sum of N500,000. According …

PRIVATE Equity firm TLG Capital has rebutted Atlas Mara’s recent press release accusing Atlas Mara of failing to “accurately to disclose – or has materially omitted – a number of relevant …

TAIWO Afolabi, the Chairman of Skyway Aviation Handling Co. Plc (SAHCO), a subsidiary of the SIFAX Group, has increased his stakes in the aviation handling company with the purchase of …

THE Nigerian stock market seems to have become a victim of its own success. Its All Share Index in the year 2020 emerged as the best-performing index in the world as …

EQUITY research analysts at CSL Stockbrokers Limited have indicated intention betting large on these 9 stocks that have scored its buy ratings.   As investors are scouting for high yield …

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 mature in February …

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 interest …

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 Nigeria …

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 interest …

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 translates to 35 basis points month on month …