C & I Leasing Plc is seeking to raise N3.2 billion by way of Rights Issue. The company is offering 539 million ordinary shares of 50 kobo each at a rights…
Read More
The December 2019 Auction opened today December 2, 2019 and closes on Friday, December 6, 2019. Please find the details stated below. N Subject Features 1 2 Year FGN SavingsBond 9.091% per annum…
Read More
• In this report, we resume coverage on UACN with a target price of N8.96 which translates to a BUY rating at current price. While UACN’s history of reporting poor…
Read More
The Nigerian bourse ended last week in green as gains particularly on Monday (+41bps) and Friday (+48bps) trading muted losses observed every other day of the week. Consequently, the ASI…
Read More
Nigeria Strategy Report – H2 2019 Excerpts Domestic Economy and Policy Environment In this morning’s cut-out of our core strategy document – The Nigeria Strategy Report, we focus on…
Read More
Competition gradually blighting the Food business. • Central to the Q2 19 earnings of Nestle and Unilever is the telling impact of increased competition in the food business and improved…
Read More
In a twist of events, the Nigerian Bourse closed negative last week, with the NSE ASI shedding 2.05% WoW to close at 30,432.13 points, with market capitalization dropping by N449.16…
Read More
In an interview with BusinessDay's Dolapo Ashiru, Kai Orga, Acting Managing Director at ARM Investment Managers, speaks on various issues regarding the fund management sector of the economy and how…
Read More
The Central Bank of Nigeria will be holding their 6th NTB auction of the year where it plans to rollover N50 billion worth of Nigerian Treasury bills split between…
Read More
The Nigerian Bourse closed negative last week with the NSE ASI slipping 1.78% WoW to close at 29,212.00 points, while market capitalization lost N198 billion. The bearish sentiment was spurred…
Read More