As promised, The Nigerian Stock Exchange held a meeting today with the management of Transnational Corporation of Nigeria(Transcorp) Plc and BGL Securities Limited on the issue of block sales of Transcorp Shares. At the meeting, all the parties agreed that it was necessary to follow due process during block divestments. […]

By Udeme Ekwere and Okechukwu Nnodim Trading activities on the Nigerian Stock Exchange appreciated significantly on Thursday as the major indicators rose to a two-week high. This was evident as most banking sub-sector stocks recorded marginal price appreciation compared to the previous day. Analysts traced the development to the bond […]

By Agency Reporter Private equity firms are turning to deep-pocketed sovereign wealth and pension funds as they chase bigger deals, avoiding the often uneasy partnerships with rivals that marked boom-time deals. Debt markets are ‘hotting’ up with high-yield and loan investors ready to step in with billions of dollars of […]