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C & I Leasing Announces Share Capital Reconstruction of Four to One

December 11, 2018/Cowry Asset C&I Leasing Plc (“C&I Leasing’’ or ‘’the Company’’) notified its esteemed Shareholders, Stakeholders, Dealing Members and the general public that the Company has made an application… Read more »

Dangote Cement Drives Nigerian Stocks Up +0.34%

December 11, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Most capitalised listed company on the Nigerian bourse and cement producer, Dangote Cement Plc on Tuesday drove Nigerian stocks up +0.34 percent to 30,718.72… Read more »

Sukuk Offer Opens at 15.743%; Average T-Bills Rate Advanced 73bps to 14.4% Sustaining Bearish Run

Culled–Proshare December 10, 2018/Afrinvest Research  The Treasury Bills (“T-Bills”) market started the month on a bearish note with average rate across tenors increasing 73bps W-o-W from 13.7% to 14.4%. The… Read more »

SEC Nigeria Launches Green Bond Rules

Left –Right: Capital Markets Development Specialist (FSD Africa), Mr Victor Nkiri, Managing Director/CEO (FMDQ OTC SecuritiEs Exchange) Mr. Bola Onadele Koko, Ag. Director-General Securities and Exchange Commission, SEC, Mary Uduk, Acting Executive… Read more »

Financial Experts Canvasses More Domestic Participation in Green Bonds

December 10, 2018/CAMCAN For Nigeria to claw its way out of deficit in infrastructure, power and energy, transportation as well as eliminating environmental degradation, financial  market experts has called for… Read more »

Sovereign Sukuk Offer for Subscription; Opens December 6 2018

Culled—Proshare December 7, 2018/DMO Pursuant to the Local Loans (Registered Stock and Securities) Act, CAP. L17, LFN 2004 FBNQUEST Merchant Bank Limited & Lotus Financial Services Limited (the “Financial Advisers”)… Read more »

Unilever Nigeria Q3 2018 Results Review: Upgrading to Neutral

Culled—Proshare December 7, 2018/FBNQuest Research Slight changes to EPS forecasts Unilever Nigeria’s (Unilever) Q3 2018 earnings, which beat our forecast by 29%, were largely boosted by gains recorded from the… Read more »

NASD OTC Market CAP Declined By -0.24% To N489.22bn

Culled—Proshare December 7, 2018/NASD Plc We are excited to announce ’our newly designed website- !  Our goal with this new designed website is to create a user-friendly browsing experience for our… Read more »

Nigerian Bourse Ends First Week of December Flat -0.02%

December 7, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) ended the first week of December 2018 on a quiet note, as the all-share index (ASI) closed the week… Read more »

Afromedia Seeks Extension for Filing Audited Financial Statement

December 7, 2018/NSE Afromedia PLC (“the Company”) hereby notifies its shareholders, capital market participants, and The Nigerian Stock Exchange (“The NSE”) that the Company will regrettably be unable to meet… Read more »