March 28, 2019/DMO The FGN Bond Auction for March 2019 conducted by the Debt Management Office (DMO) on Wednesday, March 27, 2019, at which N100 billion Bonds were offered, was oversubscribed just as in the Auctions for January and February 2019. The DMO offered three instruments at the Auction for 3, […]
Investors Bite
MIDDAY UPDATE: Stocks Inch Down -0.16% driven by Losses in Union Bank, other Banking Counters
March 28, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-As at midday Thursday, the Nigerian Stock Exchange all-share index (NSEASI) is down -0.16 percent following losses recorded so far in the Banking sector. InvestmentOne update reports that market movers at the review period are lender, Union Bank of Nigeria Plc and drugmaker, May […]
Access, Diamond Merger: Diamond Bank Shareholders to Receive Cash, Shares
March 27, 2019/NSE Following the Court Sanction of the Scheme of Merger between Access Bank Plc and Diamond Bank Plc, the shareholders of Diamond Bank Plc will receive the Scheme Consideration of cash and shares; as stipulated in the Scheme Document. The shareholders of Diamond Bank Plc are therefore required […]
