November 29, 2021/NGX Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, notes the recent press speculation, and confirms that Seplat Energy, together with a partner, is in competitive discussions to acquire ExxonMobil’s Nigerian shallow water business. Deliberations are ongoing and […]
Investors Bite
Oando Announces Acquisition of Mangal’s 1.97bn Shares by Leaf Investment and Realtors
November 29, 2021/NGX In accordance with Rule 17:13 (a) of the Nigerian Exchange Limited Issuers’ Rules, we hereby announce the acquisition of Alhaji Dahiru Mangal’s interest of 1,968,452,614, shares in Oando PLC by Leaf Investment & Realtors Limited. Based on the above, Leaf Investment & Realtors Limited now holds 15.83% […]
ZENITHBANK, INTEBREW Drags Nigerian Stocks Down -0.1% to Open Week
November 29, 2021/Cordros Report EQUITIES Trading in the local bourse kicked off the week with negative sentiments as investors sold off INTEBREW (-4.0%) and ZENITHBANK (-0.6%). Thus, the benchmark index declined by 0.1% to 43,270.94 points. Accordingly, the Month-to-Date and Year-to-Date gains moderated to +2.9% and +7.5%, respectively. The total […]
