The latest issuance, part of APICORP’s USD3 billion Global Medium-Term Note (GMTN) program, will bolster the corporation’s business operations June 29, 2020/APICORP Financing will bolster APICORP’s (www.APICORP.org) business operations, including its countercyclical role in mitigating the impact of the COVID-19 pandemic and oil price fluctuations in the MENA region; Issuance […]
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Nigerian Equities Market Ends Week Positive, Gains Marginally +0.01%
June 26, 2020/InvestmentOne Report The Nigerian equities market closed the week on a positive note as NSE-ASI gained 0.83% to close at 24,829.02pts. However, the market closed somewhat flat for the week with a marginal gain of 0.01%. In today’s trade, market breadth index was slightly positive with 14 gainers against 13 losers. AIRTELAFRI (+9.97%) was the top gainer while FIDSON (-9.70%) led the […]
FCMB Group Plc – Proposed Acquisition of AIICO Pension Could be Positive
Culled—Proshare June 26, 2020 by CardinalStone Research Proposed acquisition of AIICO Pension could be positive FCMB Group Plc (FCMB) – TP N2.00 (HOLD) has announced ongoing conversations for a potential acquisition of AIICO Pension Managers Limited (AIICO Pensions) by its subsidiary, FCMB Pension Managers Limited (FCMB Pensions). According to the […]
