September 20, 2017/InvestmentOne Research ASI as at 12.00pm: -0.12% Market movers: NPFMCRFBK (-5.17%), UAC-PROP (-4.92%), FO (+2.30%), FBNH (+1.17%) Sector Performances: Banking (-0.30%), Consumer Goods (-0.04%), Oil & Gas (+0.26%), Industrial Market activity: While total volume is up c.+25%, compared to this time yesterday, total value is less than half as […]
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Union Bank 2017 Rights Issue Opens Today; Closes October 30th, 2017
Culled—Proshare September 20, 2017/CardinalStone Research Please be informed that Union Bank of NigeriaPlc (UBN) is issuing 12.1 billion ordinary shares of 50 kobo each to existing shareholders at N4.10 per share to raise N50 billion in new equity funds as the first generation bank looks beyond its centenary. The rights […]
Forte Says Proposed Equity Offering Put on Hold, Until Conclusion of Corporate Restructuring
September 20, 2017/NSE Forte Oil Plc (“Forte Oil” or “the Company”) wishes to notify the Nigerian Stock Exchange, investing public and its stakeholders that the Securities and Exchange Commission (SEC) has approved the Company’s proposed offering by way of Book Building. However, the Board of Forte Oil has taken a […]
