Wema bank plans equity raise next year to bolster capital ratio
Wema bank plans equity raise next year to bolster capital ratio NIGERIA’S Wema Bank plans to raise equity next year to bolster its capital ratio and cut its operating costs…
Meristem Securities recommend buy for Forte Oil
Meristem Securities recommend buy for Forte Oil LEADING investment adviser in the domestic economy, Meristem Securities Limited has upgraded the recommendation on Forte Oil Plc to buy from hold. Meristem…
Mid-week trading rises by 0.23%
Mid-week trading rises by The Nigerian equities market sustained upward trend as bourse added percent today to peg the year-to-date returns at percent. The index and market capitalization closed higher…
Equities market extends 8 day gaining streak by N47bn as UBA drives 95% volume
Equities market extends 8 day gaining streak by N47bn as UBA drives 95% volume THE equities market closed Tuesday upward as the bourse inched up by N47 billion on…
FMDQ lists pioneer infrastructure febt Fund in Nigeria and Sub-Saharan Africa
FMDQ lists pioneer infrastructure febt Fund in Nigeria and Sub-Saharan Africa GLOBALLY, infrastructure contributes to economic development by increasing productivity and providing amenities, which enhance quality of life…
Share Manipulation: NSE goes live with Nasdaq SMARTS market surveillance technology
Share Manipulation: NSE goes live with Nasdaq SMARTS market surveillance technology NASDAQ and the Nigerian Stock Exchange (NSE) have launched a new market surveillance platform powered by SMARTS, Nasdaq's…
NSE lifts suspension on Sovereign Trust Insurance
NSE lifts suspension on Sovereign Trust Insurance THE Nigerian Stock Exchange (NSE) has lifted suspension of trading in the shares of Sovereign Trust Insurance Plc. The bourse had on…
Moody’s assigns B1 rating to UBA senior unsecured notes
Moody's assigns B1 rating to UBA senior unsecured notes Moody's Investors Service (Moody's) has today assigned a B1 rating to the USD500 million senior unsecured five-year notes recently…
Moody’s assigns first-time Ba3 and Aaa.ng ratings to Dangote Cement
Moody's assigns first-time Ba3 and ratings to Dangote Cement MOODY'S Investors Service has assigned a first-time Ba3 corporate family rating (CFR), Ba3-PD probability of default rating and national…
Honeywell Flour Mills reports 242% net profit growth in 2017 results
Honeywell Flour Mills reports 242% net profit growth in 2017 results HONEYWELL Flour Mills Plc (HFMP) has announced its audited results for the year ended March 31, 2017.…