Investors Bite

Unitykapital Assurance Announces Resignation Halima J Wushishi as Company Secretary

March 21, 2018/NSE This is to notify The Nigerian Stock Exchange (”The Exchange”) esteemed shareholders, stakeholders and the general public on the resignation of Ms. Halima J. Wushishi, the Company Secretary of UnityKapital Assurance Plc from the services of the Company with effect from 9th March, 2018. Consequently, Mrs. Folaranmi […]

Dangote Cement Plc Plans to Raise $833m Via Bonds to Fund Expansion

Culled—Proshare March 21, 2018 Bloomberg is reporting that Dangote Cement Plans to Sell $833m in bonds for expansion. The debt will be issued in tranches over next three years, says the Chief Financial Officer (CFO) and the company is also considering sale of Eurobonds to improve funding. According to the […]

NSE to Embark on Changes to Equities Market Structure

March 21, 2018/NSE Introduction Following an assessment of the current market structure, the Nigerian Stock Exchange (”The Exchange”) is embarking on changes to its equities market structure in order to create an optimal market design that facilitates improved market depth, liquidity provision and price efficiency. The new market structure will […]