January 8, 2019/NSE The Nigerian Stock Exchange (“NSE” or “The Exchange”) is set to hold its 2018 Market Recap & Outlook for 2019 on Monday, January 14, 2019, at the Stock Exchange House, Marina, Lagos. This annual event is a forum for the Chief Executive Officer of NSE, Mr. Oscar […]
Investors Bite
Abraaj Confirms Intention to Convert Aureos Africa Fund of $10 Million Loan Stock in CILEASING to Equity
January 8, 2019/NSE Following the 2018 maturity of a Ten Million Dollars unsecured, coupon redeemable, convertible loan stock in C & I Leasing Plc (“C & I Leasing” or “the Company”), representatives of ABRAAJ – managers of the Aureos Africa Fund confirmed their intention to convert the loan stock to […]
Bears Sustain Hold on Nigerian Bourse, as Sell Pressure Drags Down Indices
January 8, 2019/InvestmentOne report The Nigerian equities market closed the second trading session of the week in the red, losing 1.20%. Similarly, market breadth index was negative with 12 gainers against 28 stocks that declined. JOHNHOLT (+9.09%) was the top gainer today while NEM (-9.40%) led the losers’ chart. ZENITHBANK […]
