March 17, 2020/NSE Further to the Market Bulletin with Reference Number: NSE/RD/LRD/MB07/20/01/31, dated 31 January 2020 on the above subject, NSE hereby notified of the revised terms to the proposed Rights Issue by Prestige Assurance Plc (the Company). The revised terms of the Rights Issue are as follows: Thirteen Three […]
Investors Bite
ZENITHBANK, Union Bank Says Report on Proposed Acquisition False
March 17, 2020/NSE Today, Zenith Bank Plc noted a certain recent internet and social media reports suggesting a proposed acquisition of Union Bank Plc by the bank. It states further categorically that Zenith Bank Plc has not made any binding offer to acquire any financial institution. In similar vein, Union […]
DANGCEM Drags ASI Down -0.71% Despite the Buy-interest in the Market
March 17, 2020/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.71% to close at 22,543.07pts. However, in today’s trade, market breadth index was positive with 27 gainers against 12 losers. DANGCEM (-10.00%) was top loser while WAPCO (+10.00%) led the gainers’ chart. ZENITHBANK (+5.47%) was the most actively […]

