4/7/2017/Reuters Nigerian banking shares dropped 2.3 percent on Tuesday after regulators said they had intervened to save the country’s fourth largest telecoms firm from collapse as talks with local lenders to renegotiate a $1.2 billion loan failed. Etisalat Nigeria had been negotiating with its lenders for more than five months […]
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Finally, Nigerian Stock Exchange Delists Ashaka Cement
July 5, 2017/Thisday Ashaka Cement Plc was Tuesday voluntarily delisted from the Nigerian Stock Exchange (NSE). The company had last year notified the exchange of its intention to exit. The shareholders of Ashaka Cement, who have exercised their option to exit the company prior to the delisting will receive 57 […]
Nigerian Stocks Sustain Bearish Trend Third Straight day
July 3, 2017/InvestmentOne Research Please click to download the Market Report for Tuesday 4th July 2017 EQUITIES: The Nigerian bourse closed in the red for the third consecutive trading sessions as the All Share Index declined by -1.10% to berth at 32,410.20pts. This corresponds to a market capitalisation of c.N11.17trillion while the […]
