capital market

Equities market drops by 0.11 per cent

By Philemon Adedeji Nigerian exchange limited (NGX) closed transactions for the second day negative amidst sell-offs and buy-interests as the benchmark All Shares Index (ASI) depreciated by 50.77 absolute points. Similarly, NGX ASI recorded drop of 50.77 basis points to…

Neimeth to raise N5bn fresh capital

International Pharmaceuticals PLC have approved the plan of the Board to raise the sum of N5 billion through a hybrid offer of Rights to existing shareholders and private placement. The money will be used to finance major long term expansion…