Chapel Hill Denham to handle MTN $5.23b listing in Nigeria

South African telecoms firm MTN has appointed Nigerian investment firm Chapel Hill Denham as lead manager for the initial public offering of its Nigerian business in Lagos later this year. MTN plans listing on Nigerian Stock Exchange in July South Africa’s Rand Merchant Bank, Renaissance Capital and Vetiva Capital were picked as joint issuers. The More...

by Uchenna Ajah | Published 2 months ago
By Felix OLOYEDE On Thursday, April 19th, 2018
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NSE Employees Donate to SOS Children’s Village

L – R: Temitayo Ade-Peters, Team Lead, CSR, The Nigerian Stock Exchange (NSE); Mr. Gboyega Fadowole-Aje, National Fund Development & Communication Coordinator, SOS Children’s Villages Nigeria and Olumide More...

By Uchenna Ajah On Monday, April 16th, 2018
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Wema Bank: Making hay in cloudy weather

By OKEY ONYENWEAKU Wema Bank Plc, Nigeria’s last surviving indigenous bank, has said that in 2018 it would ride the economy’s growth curve to deliver superior performance to its various stakeholders. Segun Oloketuyi, More...

By Felix OLOYEDE On Thursday, April 12th, 2018
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NSE restates lifting of suspension of trading in Oando shares

FELIX OLOYEDE Oando File Photo Investors will now be able to resume trading in the shares of Oando Plc, following the lifting of the technical suspension placed on the company’s shares, says the The Nigerian Stock More...

By Uchenna Ajah On Wednesday, April 11th, 2018
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Oando shares move up 10% on Stock Exchange

The shares of troubled energy trader, Oando Nigeria Plc, moved up the maximum 10 per cent to N6.99, within the first one hour of trading on the Nigerian Stock Exchange (NSE) on Wednesday. File Photo Stock trader More...

By Uchenna Ajah On Sunday, April 8th, 2018
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UAC loses steam with 61% PAT decline

By OKEY ONYENWEAKU Once-upon-a-time household goods and office equipment giant, UACN, has continued to see its fortunes plummet as the group fails to find ways to stop the decline in corporate earnings. The business More...

By Uchenna Ajah On Friday, March 30th, 2018
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NSE: Market reopens April 3 as Nestle leads gainers table

The market would reopen on April 3 following the March 30 and April 2 public holidays declared by the Federal Government to mark Easter celebrations, as Nestle Nigeria PLC  led the gainers’ table  at the Nigerian More...

By Uchenna Ajah On Wednesday, March 28th, 2018
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NSE market indices loses 441.16 points

Transactions on the Nigerian Stock Exchange (NSE) on Wednesday extended downward trend with the All-Share Index losing 441.16 points in one trading day. NSE market indices extend loses 441.16 points The News Agency More...

By Felix OLOYEDE On Tuesday, March 20th, 2018
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Unity Bank denies Milost’s $1bn investment

FELIX OLOYEDE Unity Bank has refuted claim that Milost Global Inc plans to invest $1 billion in Unity Bank Plc, saying it has not reached any agreement with Milost to warrant such speculation. A statement from More...