June 20, 2024/NGX In accordance with the Nigerian Exchange Limited (NGX) Rule Book, we hereby notify NGX and the investing public of the following appointments in our flagship subsidiary, First Bank of Nigeria Limited (“FirstBank”): 1. Appointment of substantive Managing Director/Chief Executive Officer: The Board approved the appointment of Mr. Olusegun Alebiosu […]
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Champion Breweries Announces Acquisition of 86.5% Stake by EnjoyCorp Limited
June 19, 2024/NGX EnjoyCorp Limited has successfully acquired an 86.5% stake in Champion Breweries Plc. EnjoyCorp acquired a 100% shareholding in The Raysun Nigeria Limited, which holds the 86.5% stake in Champion Breweries plc, listed on the Nigerian Exchange Group (NGX). Following the approval of the Federal Competition and Consumer Protection […]
NGXASI Declines -0.08%, Dragged by FBNH, MTNN, Nigerian Breweries
June 19, 2024/InvestmentOne Report The NGXASI declined by 0.08% today to close at 99,842.19pts, as the losses recorded in MTNN (-2.67%), NB (-8.37%) and FBNH (-2.65%) drove the local bourse into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on a bullish note, as we observed […]
