By Kayode Tokede The Chief Executive Officer, United Capital Plc, Peter Ashade, has purchased an additional one million units of the company’s shares, worth N5.17 million. The information is contained in a notification sent to the Nigerian Stock Exchange (NSE)…
By Kayode Tokede FBNQuest has described private equity as a type of capital investment made to companies that are not publicly traded on a stock exchange. It stated this in a report on ‘Understanding private equity and alternative investments –…
By Kayode Tokede The Board of Directors of Neimeth Pharmaceuticals has revealed plans to raise N5billion in additional equity upon approval by shareholders of the company. The Company Secretary, Neimeth Pharmaceuticals, Mrs. Florence Onhenekwe said in a statement to The…
By Kayode Tokede For over a decade now, Sovereign Trust Insurance Plc has consistently maintained a confident A- rating with the international rating agency, Global Credit Rating, (GCR or Rating Agency) based in South Africa. The Rating Agency’s recent solvency…
By Kayode Tokede The shares price appreciation in Dangote Cement Plc, Zenith Bank Plc, among others lifted by the equities market by N552billion in one week. The market capitalization of all listed equities on the Nigerian Stock Exchange (NSE) opened…
By Kayode Tokede Notore Chemical Industries has notified The Nigerian Stock Exchange (NSE) and shareholders of Turn Around Maintenance (TAM) on its fertilizer plant in Onne, Rivers State. The Group Chief Legal Officer/Company Secretary, Notore Chemical Industries, Mrs. Otivbo Saleh…
By Kayode Tokede NASD OTC Securities Exchange market dropped by 0.91 per cent to close the week at 740.04 basis points against 741.45 basis points on last Friday. Also, the market closed on a negative note Year-till-Date (YtD) as the…
By Kayode Tokede The Nigerian Stock Exchange (NSE) equities market extended its positive rally on Thursday, appreciating further by N325 billion, amid increased buying interest. Specifically, the market capitalisation inched higher by N325 billion or 1.54 per cent to close…
By Kayode Tokede Total Nigeria Plc has projected a rise in its revenue to N115.97 billion for the first three months of 2021 (Q1, 2021). This is a projection of 157.7 per cent increase from the figure recorded in Q3…
By Kayode Tokede Stanbic IBTC Holdings PLC has highlighted its array of solutions to support businesses in the country to make the most of 2021. The solutions on offer are geared towards providing access to flexible funding for small, medium…
