Investors Bite

eTranzact To Raise N7bn Equity By Creating 14billion New Shares Of 50k Each

Culled—Proshare December 26, By News eTranzact International Plc has revealed plans to raise N7bn additional equity by increasing its authorised share capital. The company, in a notice to shareholders, said the decision to raise additional capital became imperative, considering the need to expand its operations, deepen its market share and to […]

SEC Urges Shareholders to Monitor their Investments

December 26, 2018/SEC -Moves to tackle Identity Theft in Capital Market  The Securities and Exchange Commission, SEC, has urged shareholders to monitor their investments in the capital market, assuring that the Apex Regulator will live up to its responsibilities on investor protection.   Acting Director General of the SEC, Mary Uduk […]

Demand Pressures Force c.50bps Rally on 2024 FGN Bond

Culled—Proshare 24/12/2018/Zedcrest Capital ***MTN to pay $53m as settlement for CBN CCI dispute*** KEY INDICATORS Indicator Value Commentary Inflation 11.28% As at December 14, 2018. A c.2bps increase from 11.26% recorded in October 2018 MPR 14.00% Left Unchanged for the 12th Consecutive Time at the Nov. 22, 2018 MPC Meeting […]