June 6, 2024/Coronation Research Summary Opening market liquidity was reported at N80.7bn on Friday (31, May ‘24). Call, overnight, and repo rates closed within the range of 5% – 30%, as rates in the money market moderated. Last week, the average NTB yield declined by -30bps to close at 21.7% […]
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Hospitality ‘Oscars’ for Alain Sebah and Dupe Olusola at AHIF
June 6, 2024/AHIF At the Africa Hospitality Investment Forum (AHIF), taking place in Namibia in June, Alain Sebah, President, Golden Tulip Afrique Francophone & East Africa (GTAF), and Dupe Olusola, Managing Director and CEO, Transcorp Hotels Plc, will both receive awards recognising their professional accomplishments. Alain will receive the Outstanding […]
Fidelity Bank Announces N29.6Bn Rights Issue, N97.5Bn Public Offer
June 5, 2024/Fidelity Bank Plc Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to N127.1bn by way of a Rights Issue to existing shareholders and a Public Offer. The Combined Offer is a part of the Bank’s strategy to increase its share capital base […]
