October 7, 2016/NASD Plc The market capitalization of admitted securities on the NASD OTC Market as at September 2016 stood at ₦411.28 billion, represented by 111.28 billion shares in issue out of which only 18.40 billion shares (16.54%) have been dematerialised. The dematerialised volume of 18.40 billion shares represents an […]
Updates
Access Bank Announces Exchange Offer and Minimum New Issue Yield
Culled—Proshare October 7, 2016/CardinalStone Research On 3 October 2016, Access bank announced an Exchange Offer invitation to the current holders of the U.S $350,000,000 7.25% Guaranteed Notes due 2017 to offer any or all of their existing Notes for its new U.S dollar denominated fixed rate senior notes due 2021 […]
Nigerian equities market rebounded from loss in August
October 7, 2016/Cordros Research Nigeria Equities Market The Nigerian equities market rebounded from the loss in August, with the benchmark All Share Index posting a monthly gain of 2.67%. Sentiments were mostly driven by positive announcement and reports, as well as upbeat earnings. The gain further supports the view that […]
