February 12, 2018/InvestmentOne Research ASI as at 12.00pm: -0.85%. Market movers: AIICO (-8.22%), HMARKINS (-5.71), GLAXOSMITH (+4.95%), LINKASSURE (+3.53%). Sector Performances: Banking (-2.55%), Consumer Goods (-0.08%), Industrial, Oil & Gas. Market activity: In today’s early trade, while total volume declined by c. -16%, total value increased by c. +132% compared […]
Investors Bite
7Up Acquisition: Court Orders Scheme Shares Transferred to Affelka, Shareholders to Receive N125 Per Share
February 12, 2018/InvestmentOne Report The Federal High Court Holden at Lagos just announced its order on the petition filed by the shareholders of the Seven-Up Bottling Company Plc on 8th of February 2018. Some of the declarations in Court Order are: · That the scheme shares be transferred to Affelka, […]
Fitch Affirms Nigeria”s FCMB at ”B-”
February 9, 2018/Fitch Ratings Fitch Ratings has affirmed First City Monument Bank Limited’s (FCMB) Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook is Stable. All FCMB’s other ratings have also been affirmed. A full list of rating actions is at the end of this rating action commentary. Key Rating […]
