Culled—Proshare June 25, 2019/Afrinvest Research Please be informed that Airtel Africa (“The Company“) has announced plans of an Initial Public Offering (“IPO”) of shares worth $780.0m (N270.0bn) on the premium board of the London Stock Exchange (“LSE”) and subsequently, the Nigerian Stock Exchange (‘’NSE’’). The proceeds from the offer will be used […]
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Nigerian Breweries Plc Up To N15bn Series 3 and 4 Commercial Paper Issue Now Open
Culled—Proshare June 25, 2019/Stanbic IBTC Stockbrokers FBNQuest Merchant Bank Limited, FCMB Capital Markets Limited and Stanbic IBTC Capital Limited are pleased to inform you that the Nigerian Breweries PLC Series 3 & 4 Commercial Paper (“CP’) offer under its renewed N100 billion CP Programme is now open. Please see below […]
NSEASI Plunge Below 27,000 Points on Sell-Offs in Bellwether Stocks
June 25, 2019/Cordros Report EQUITIES The Nigerian equities market sustained its losing streak as the benchmark index dipped by 0.47% to 26,668.68 points, following sell-offs across major counters. Thus, the Month-to-Date and Year-to-Date losses increased to 4.51% and 5.61%, respectively. On sectorial breakdown, gains in the Industrial Goods (+0.94%) index […]
