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Category: Equity Market


Unity Bank to raise N39.2bn via rights issue, private placement

Unity Bank plc is set to raise about N39.2billion which comes from Rights Issue of 38,446,689,710 ordinary shares of 50kobo each at N0.50kobo per share;...


FBN Capital shines at EMEA Finance, Africa Investor Awards 2014

Leading Nigerian Investment Bank and Asset Management firm, FBNCapital Limited, has once again been acknowledged by EMEA Finance Magazine for its remarkable efforts in...


EAX hosts Nigerian Securities & Exchange Commission Delegation

A delegation of the Nigerian Securities& Exchange Commission of Nigeria, ledby Mrs. Arunma Oteh (OON), the Director General paid a visit to the East Africa Exchange...


Diamond Bank To Raise $400m From Rights Issue

Diamond Bank Plc is set to raise between $300 million and $400 million from its shareholders through rights issue, pending regulatory approval, Chief Finance Officer,...


Profit Taking: Market Capitalisation Sheds N131bn

The four weeks winning streak on the Nigerian Stock Exchange (NSE) came to a halt last week as investors embarked on profit taking.


NSE market capitalisation increases by N59bn

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday 23 April grew by N59 billion or 0.46 per cent, to close at N12.889, from the N12.830 trillion...


Tambuwal, Ihedioha mourn Uwechue

Speaker of the House of Representatives, Aminu Tambuwal, has described the death of the former President-General of Ohanaeze Ndigbo, Professor Ralph Uwechua, as a great...


9 burnt to death in Jigawa auto crash

No fewer than nine persons were confirmed dead while many others sustained injuries in a ghastly motor accident that occurred along Ringim-Kano Road in Jigawa State at...


Dignitaries flood Anambra ahead of Obiano’s swearing in

Ahead of today’s swearing in ceremony of the All Progressives Grand Alliance (APGA) candidate, Dr. Willie Obiano as the new governor of Anambra State, dignitaries from...

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