FG’s dollar bond attracted $900m subscription – Edun
Photo caption: Minister of Finance and Coordinating Minister of the Economy, Wale Edun Nigeria’s first-ever foreign-currency domestic bond has secured $900m in subscriptions. The
Category : Capital Market
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Capital markets seek to improve transactional efficiencies. These markets bring those who hold capital and those seeking capital together and provide a place where entities can exchange securities.
Knowing the importance of the capital market, we at the business intelligence keep you updated on the latest news and ongoings in the capital market
N847bn lost as equity market extends downtrend
Photo caption; NGX equity market The Nigerian equity market extended its downtrend to the second consecutive week, losing N847.03bn, due to sell-offs. The All-Share
Dangote stocks decline amid merger denial, forex crisis
The recent decrease in the stock prices of the Dangote Group, which includes Dangote Sugar Refinery and NASCON Allied Industries, has been attributed to foreign
Access Holdings Plc extends rights issue acceptance period to August 23, 2024
By Emeka Ugwuanyi Access Holdings Plc has announced an extension of the acceptance period for its ongoing Rights Issue. Initially set to close on August
NGX RegCo seeks uniform ESG regulations
The Chief Executive Officer of NGX Regulation, Olufemi Shobanjo, has called for the establishment of a unified ESG regulatory body in Nigeria. In a statement
SEC approves extension of Fidelity Bank offer by 14 days
The Securities and Exchange Commission has approved a 14-day extension for the combined offer of Fidelity Bank, which was earlier scheduled to close on Monday.
Zenith Bank to raise N290bn fresh capital
Zenith Bank Plc has finalised plans to raise about N290bn fresh capital, which is higher than the N230bn it needs to meet the fresh recapitalisation
Access Holdings’ shareholders pledge overwhelming support for rights issue
Photo caption from left: Morounke Olufemi, Group Chief Financial Officer, Access Holdings Plc; Temi Popoola, Group CEO, Nigerian Exchange Group (NGX Group); Bolaji Agbede, Acting
Access Holdings’ N351 billion rights issue opens for subscription
Photo caption:Acting Group Chief Executive Officer of Access Holdings Plc, Bolaji Agbede Access Holdings Plc, one of Africa’s leading financial services groups, has announced
Shareholders support MRS Oil delisting from NGX
Some shareholders of MRS Oil Nigeria Plc have thrown their weight behind the delisting of the company from the Nigerian Exchange. One of the firm’s
