Shareholders of 11Plc, a downstream oil and gas company, have approved the dividend payment of N3.06bn for the 2020 financial year. The approval was given at the 43rd Annual General Meeting (AGM) of the company in Abuja, the company said…
A report by Climate Bonds Initiative, an international non-profit organisation dedicated to climate change solutions and promoting large-scale investment in the low-carbon economy, has said the sustainable debt for the green market reached $1.7 trillion at the end of 2020,…
Transactions on the Nigerian Exchange Limited (NGX) equities market ended on a bearish note, extending the trading losses to seven consecutive sessions, due to sustained profit-taking in Guaranty Trust Bank and 16 others. Meanwhile, at the end of the two-day…
By Kayode Tokede Custodian Investment Plc has been authorized the Securities and Exchange Commission (SEC) to proceed with a mandatory takeover offer to be made to minority shareholders of UACN Property Development Company Plc (UPDC) for the purchase of up…
By Kayode Tokede The FMDQ Securities Exchange Limited, has announce the admission of the BUA Cement PLC’s N115 billion Series 1 Fixed Rate Senior Unsecured Bond under its N200 billion Bond Issuance Programme, for listing on its platform, as approved…
By Kayode Tokede Trading activities on the Nigerian Exchange Limited (NGX) on Monday opened the new week on a negative note with a decline of 0.10 per cent, following profit-taking in Banking stocks. In summary, the All-Share Index (ASI) shed…
MeCure Industries Limited commemorated the listing of its N3billion bond with a digital Closing Gong Ceremony on Nigerian Exchange (NGX) Limited on Friday. The debut listing was the N3 billion 5-Year Series 1 Fixed rate Senior Secured Bond issued by…
By Kayode Tokede NASD OTC Securities Exchange market increased by 8.90 per cent in total value traded during the week, as week 20 saw Investors trade a total of N727.3million in value compared to N667.89 million in the previous week.…
By Kayode Tokede The equities market of the Nigeria Exchange Limited (NGX) closed last week with a decline of N604billion as investors’ sustained aggressive profit-taking on listed high-mid capitalized stocks. Although, the trend reversed on Friday, the last trading day…
By Kayode Tokede CardinalStone Partners Limited took to the platform of Nigerian Exchange (NGX) Limited to commemorate the listing of its N5billion bond with a digital Closing Gong Ceremony on Thursday. The debut listing was the CardinalStone Financing SPV Plc’s…
