June 11, 2024/NGX Tolaram Group has signed an agreement to acquire 58.02% of Diageo’s shareholding in Guinness Nigeria. Additionally, Tolaram will establish long-term license and royalty agreements for the ongoing production of the Guinness brand, Diageo’s locally manufactured ready-to-drink beverages, and mainstream spirits brands. The completion of this transaction is expected […]
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GTCO Notice of Proposed Offering
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL June 11, 2024/JSP Communications This notice is issued in reliance on Rule 283 of the Rules & Regulations of the Securities & Exchange Commission, […]
MTNN, NASCON Drags NGXASI to -0.16% Loss
June 11, 2024/InvestmentOne Report The NGXASI declined by 0.16% today to close at 99,630.51pts, as the bearish bias in MTNN (-4.04%), ETI (-2.47%) and NASCON (-9.91%) drove the market into the red zone. In the fixed income space, the Treasury Bills secondary market exhibited a positive performance, as yields retraced across […]
