April 14, 2022/The Wall Street Journal Elon Musk on Thursday made his intentions with Twitter Inc. official, offering to buy the company at $54.20 per share in cash. So far, the social-media platform has said it would review his offer, which values the company at around $43 billion. Speaking at […]
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Bulls Sustain Dominance on Nigeria Bourse, Index Gains +0.3%
April 13, 2022/Cordros Report EQUITIES The bulls continued to dominate on the local bourse as demand for MTNN (+0.9%) persisted. Thus, the All-Share index advanced by 0.3% to 47,367.31 points. Consequently, the Month-to-Date and Year-to-Date returns increased to +0.9% and +10.9%, respectively. The total volume traded increased by 59.7% to 391.89 […]
SEC Grants No Objection Norrenberger Acquisition of Majority Stake in IEI
April 13, 2022/NGX Following a previous announcement of the proposed acquisition of International Energy Insurance Company Plc. by Norrenberger Advisory Partners Limited (NAPL or The Acquirer), this is to notify the Nigerian Exchange Limited and the investing public that the Securities and Exchange Commission has granted its No Objection to […]
