Capital Market
Agri firm raises N5.3bn in debut CP issuance
By Blessing Fali Agricultural firm ThriveAgric has raised N5.3bn through its debut commercial paper issuance, exceeding its initial N5bn target following strong investor...
May & Baker Warns Public Against Fraudulent Investment Scheme
By Benson Daniel May & Baker Nigeria Plc has warned members of the public against a fraudulent investment scheme being circulated online under...
Airtel Africa Raises Share Buyback Limit to $65m
By Benson Daniel Airtel Africa Plc has increased the amount earmarked for its ongoing share buyback programme to $65 million, reinforcing its commitment...
Bearish Sentiment Erases N544bn from Nigeria’s Equity Market
By Benson Daniel Bearish sentiment on the Nigerian Exchange continued on Tuesday as sustained selling pressure wiped about N544 billion from the value...
Dangote Refinery Secures $1bn Support Ahead of Planned IPO
By Benson Daniel Dangote Petroleum Refinery and Petrochemicals has secured a $1 billion underwriting programme ahead of its planned Initial Public Offering, strengthening...
Nigerian Stock Market Extends Losing Streak as Investors Lose N106.24bn
By Benson Daniel Nigeria’s equities market extended its bearish run for the fifth consecutive trading session on Monday, with investors losing N106.24 billion...
Otedola Raises First HoldCo Stake with Fresh N20.7bn Share Purchase
By Benson Daniel Billionaire businessman and Chairman of First HoldCo Plc, Femi Otedola, has further increased his stake in the financial services group...
DMO Allots N1.56tn in FGN Bonds as Demand Reaches N1.73tn
By Benson Daniel The Debt Management Office has allotted a combined N1.56 trillion worth of Federal Government of Nigeria bonds following strong investor...
