March 1, 2018/AETOSWIRE By InvestAdvocate Lagos (INVESTADVOCATE)-Groupe PSA, French multinational manufacturer of automobiles and motorcycles said Thursday that its revenue for 2017 financial year end (FYE) grew 20.7 percent to of €65.2 billion (or 65,210 million euros) compared to €54,030 million (or 54 billion euros) in 2016. The company touted […]
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Intraday Update: NSE Benchmark Index Down -0.03% on Sell-Offs in Banking, Industrial Goods Stocks
March 1, 2018/InvestmentOne Report ASI as at 12.00pm: -0.03%. Market movers: FTNCOCOA (-5.00%), DUNLOP (-4.76%), NASCON (+8.64%), JAPAULOIL (+7.41%). Sector Performances: Industrial (-1.34%), Banking (-0.08%), Consumer Goods (+0.41%), Oil & Gas Market activity: In today’s early trade, total volume and value increased by c.+4% and c.+91% respectively compared to this […]
Afreximbank to Sell Shares on Three Bourses to Fund Growth
27/2/2018/Bloomberg By Emele Onu Afreximbank plans to sell depositary receipts in Nigeria Listing will raise $200 million in equity to fund lending African Export-Import Bank plans to sell shares in Nigeria and two other African countries to support lending and broaden its ownership base. The Cairo-based lender is in talks […]
