Capital Market

Access Bank Gets Shareholders Approval to Raise 68 Billion Naira via Rights Issue

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s tier one lender,  Access Bank Plc on Monday said it got shareholders approval to raise fresh funds of  68 billion naira  via a Rights Issue  in order shore up its  capital base. This is coming on the heels of an extraordinary general meeting […]

It’s Unofficial!

October 12, 2014 by iMFdirect By Sabina Bhatia  I know it might sound odd, but I actually like the IMF-World Bank Annual Meetings. I know the traffic snarls on Pennsylvania Avenue are terrible, Washington cabbies ruder than ever, lots of men in dark suits (and sadly, they are still mostly […]

Dangote Cement named most-capitalised company

A new report has ranked Dangote Cement Plc as the most capitalised company on the floor of the Nigerian Stock Exchange. The report, the BusinessWorld 100 Annual Ranking, also showed that Dangote Cement was the most profitable company trading on the floor of the NSE. The BusinessWorld 100 annual ranking […]