Investors Bite

Rx Healthcare Fund Announces Anchor Investors

October 2, 2017/GE Rx Healthcare Fund (“Rx” or the “Fund”) (www.RxHealthManagement.com), an Africa-focused healthcare private equity fund currently under establishment, today announced that GE Healthcare (www.GEhealthcare.com), a leading global provider of transformational medical technologies and services, is set to become an anchor limited partner in Rx. Following an earlier commitment […]

Nigerian Stocks Close Week in Positive Territory

September 29, 2017/Cowry Asset The Nigerian Stock Exchange closed the week in positive territory as the main performance measures NSE ASI and market capitalization increased by 3bps each. However, total transacted deals dropped by 8.38% to 2809 deals as total transacted volume also declined by…click here for details

Wema Bank Announces Extra-Ordinary General Meeting, to Embark on Capital Reorganization

Culled—Proshare September 29, 2017/Wema Bank  Wema Bank PLC (Bloomberg: Wema NL) (“Wema” or “the Bank”) Issues Notice on Extra-Ordinary General Meeting. Capital Reorganization to Position Bank for Efficiency Resolve Negative Retained Earnings Shareholders Remain Unaffected Managing Director/Chief Executive Officer’s review Wema Bank Plc on Friday, 29 September 2017 issued a […]