MSCI deletes FBN Holdings, Forte Oil, Guinness Nigeria others  from Frontier Indexes

ADEBISI ADEMOLA MSCI announced decision to delete FBN Holdings Plc, Forte Oil, Guinness Nigeria Plc and PZ Cussons Nigeria Plc from the main MSCI Frontier...
Airtel

Bharti Airtel and Tigo merge in Ghana to form AirtelTigo

Bharti Airtel has merged with Millicom’s Tigo in Ghana to become the country’s second largest mobile operator, the new company AirtelTigo said on Tuesday. The...
Aliko Dangote

Dangote sells Nigerian noodle plants to rival for $12m

Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines to rival pasta maker De United Foods Industries...

Equities Market dips by 0.24%, as investors take profit in Zenith Bank, Dangote Cement

ADEBISI ADEMOLA The equities market segment of the Nigerian Stock Exchange (NSE) on Thursday shed 0.24per cent halting yesterday's uptrend. The All Share Index (ASI) shed 87.43 basis...

Nigeria bonds shrug off Moody’s downgrade as investors seek yield

Nigeria’s bonds were flat on Wednesday, shrugging off a downgrade by Moody‘s, since investors had already factored in issues that triggered the rating change...

Equity Market sheds 0.02% to profit-taking

ADEBISI ADEMOLA The equities market of the Nigerian Stock Exchange (NSE) on Monday marginally shed 0.02per cent to begin the week in negative territory. Equities market indicator, The...

Equities Market sheds 0.03% over profit-taking in Dangote Cement

ADEBISI ADEMOLA. The equities market segment of The Nigerian Stock Exchange (NSE) on Thursday shed 0.03per cent halting prior three-day bullish rally as investors take profit most...

Equities Market start November with 0.56% gain

The equities market of the Nigerian Stock Exchange (NSE) opened first day trading in November, gaining 0.56 per cent. The gain in equities market can...

Lafarge Africa seeks NSE approval on N131.7bn right issues

Lafarge Africa Plc on Wednesday announced plans to raise N131.7 billion on the Nigerian Stock Exchange (NSE) via right issues.  The statement reads, “Dealing Members...

Mutual Benefits seeks NSE’s nod on N2bn Rights Issue

Mutual Benefits Assurance Plc has announced plans to list N2 billion through rights issue on The Nigerian Stock Exchange (NSE). A statement obtained by InsideBusiness...
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