Investors Bite

Eterna Plc Names Benjamin Nwaezeigwe Substantive MD/CEO

August 11, 2022/NGX This is to inform Nigerian Exchange Limited and the investing public that the Board of Directors of Eterna Plc (the Company) has appointed Mr. Benjamin Nwaezeigwe as the Substantive Managing Director/Chief Executive Officer of Eterna Plc effective 1st August 2022. Mr. Nwaezeigwe was the Acting Managing Director/Chief […]

Bears Resurface as NGX Indices Dip -0.1% Dragged by MTNN, STANBIC

August 11, 2022/Cordros Report EQUITIES   The bears returned to the Nigerian equities market as profit-taking activities witnessed in MTNN (-0.5%), and STANBIC (-5.6%) caused a  0.1% decline in the All-Share Index. Thus the NGX ASI settled at  50,014.60 points. Consequently, the Month-to-Date loss increased to -0.7%, while the Year-to-Date […]

Airtel Africa Signs $125 Million Facility with Citi

August 11, 2022/NGX Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces the signing of a $125m revolving credit facility with Citi through its branch offices/subsidiaries in sub-Saharan Africa. This facility is in line with our strategy to […]