Bank of Industry (BOI) has said that since 2017 when it commenced raising funds on the international market with a $750 million AFREXIM loan, the bank has successfully raised over $5 billion from the international capital markets through Eurobonds, loan…
Nigeria’s equities market on Thursday recorded its first negative close this week as some investors chose to take profit after three consecutive days of stocks rally. The market decreased by 0.18 percent on Thursday. This week, it has risen by…
Private capital investment across Africa in the third quarter of 2024 recorded a combined value of $2.27 billion of which equity investment dominated debt, according to a report by Stears. The ‘Stears Private Capital in Africa Report for Q3 2024’…
Nigeria’s equities market has this week recorded three consecutive sessions of positive closes after rising by 0.26 percent on Wednesday. Stocks of Lafarge Africa, Eunisell Interlinked, Honeywell Flour Mills and other major advancers on the Bourse pushed the market further…
Shares of Lafarge Africa have surged by over 31 percent month-to-date as of the market opening on November 19, 2024, driving its year-to-date performance to over 60 percent. The rally comes after Lafarge Africa’s release of its third-quarter 2024 financial…
Nigeria’s equities market rose by 0.23 percent on Tuesday as investors interest in stocks like Lafarge Africa, Unilever, Eunisell Interlinked, SCOA and John Holt helped the market to close in green. Thirty-five stocks gained as against 24 losers. At the…
First Bank of Nigeria (FBN) Holdings Plc has announced that its shareholders have given the green light for a name change to First Holdco Plc. The decision was made at the company’s 12th annual general meeting, held virtually on Thursday.…
Investors in the Nigerian equities market gained N296 billion at the close of trading on Friday. This followed a surge in the share prices of stocks like FLOUR MILL, JOHN HOLT, and EUNISELL amongst others on the trading floor. After…
Dangote Cement PLC has announced that its Board of Directors has approved plans to raise medium- to long-term debt funding from the domestic capital markets to improve its financial structure and support ongoing operations. The announcement, disclosed in a filing…
Dangote Cement PLC has announced plans to raise medium- to long-term debt funding from the domestic capital markets to enhance its financial structure and support ongoing operations. The company revealed this in a filing to the Nigerian Exchange on November…
