March 15, 2019 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) on Friday announced its profit for the period ended December 31, 2018 inched up 1.4 percent to N78.60 billion from N77.5.4 billion recorded a year ago. Similarly, pretax profit grew 2.4 percent […]
Investors Bite
AfDB Launches EUR 1 Billion 0.50% 10-Year Global Benchmark due 21 March 2029
The transaction was oversubscribed, with an order book in excess of EUR 1.7 billion, diversified across geographies and investor profiles, with nearly 50 investors participating March 15, 2019/AfDB The African Development Bank (www.AfDB.org), rated Aaa/AAA/AAA by Moody’s/S&P/Fitch, has successfully priced a EUR 1 billion 10-year Global Benchmark, due 21 March […]
NSEASI Declines -0.48% on Losses in Banking, Industrial Counters
March 14, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday closed the fourth trading session of the week in red, losing 0.48 percent and driven by losses in Banking and Industrial counters. InvestmentOne update reports that market breadth index was negative with 9 gainers compared to 20 […]
