Tag: Nigerian Stock exchange

TRANSCOHOT Lists N9.758 Billion Worth of Unsecured Bonds Due 2020

By InvestAdvocate Lagos (INVESTADVOCATE)-The hospitality unit of Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc, Transcorp Hotels Plc has listed a total of 9,758,000 unit (Series 2) 5 Year 15.50 percent Fixed Rate Unsecured Bonds Due 2020 valued at N9,758,000,000  under a N30 Billion Medium Term Bond Programme. The bonds […]

Champion Breweries Reports N210.2 Million Pretax Profit in 2015

By InvestAdvocate Lagos (INVESTADVOCATE)-Beer producer, Champion Breweries Plc on Friday reported a N210.2 million pretax profit in the period ended December 31, 2015 compared to a loss of N1.072 billion recorded a year ago. Similarly, the brewer declared a profit after tax (PAT) N77.14 million compared to a loss of […]

NSE Delists 913.9 Million Ordinary Shares of Wema Bank

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said Friday it has delisted a total of 913,907,131 units of ordinary shares of 50 kobo each belonging to Wema Bank Plc The Exchange said the shares represented the unpaid portion allotted to SW8 Investment Limited in May 2009 now reversed in […]