Culled—Proshare September 5, 2019/United Capital The narrative in the Nigerian corporates Eurobond space has taken a new turn in 2019. This is as corporates, specifically banks, redeemed $1.1bn worth of outstanding Eurobond notes before maturity so far in 2019. Aside from ZENITHBANK ($500.0mn) and DIAMOND ($200.0mn)2019 notes, which were held […]
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SEPLAT CEO Transfers 904.72 Million Own Shares to Entity Controlled by Self
September 5, 2019/NSE The Company received notification on 3 September 2019 of a transfer of 904,717 ordinary shares held directly by Austin Avuru, the CEO of the Company, to Professional Support Limited, an entity wholly controlled by Mr. Avuru. The above transaction has not resulted in a change in beneficial […]
NSE Says Oando Plc Reclassified as Low Priced Stock
September 5, 2019/NSE The Nigerian Stock Exchange (The NSE or The Exchange) is pleased to announce the reclassification of Oando Plc from Medium Priced Stock to Low Priced Stock effective Thursday, September 5, 2019. This is in compliance to Rule 15.29: Pricing Methodology, Rulebook of The Exchange, 2015 (Dealing Members’ […]
