Nigerian Government Raises N2.36 Trillion From Capital Market In 2020 – NSE Chief.
The Federal Government dominated capital raising at the fixed income segment of the Nigerian Stock Exchange (NSE) in 2020, raising over N2.36 trillion.
Stock Exchange
Why MTN Quit Towers Businesses In Ghana And Uganda
Africa’s biggest telecome companyMTN Group, has said it plans to quit it’s stakes in Ghana and Uganda is in order to concentrate on its high-growth markets in Africa, especially Nigeria, and in the Middle East. MTN Group listed its shares on the Ghana Stock Exchange (GSE) in 2018, while in Uganda, it had been speculated … Read more
International Breweries Gets NSE’s Nod for N164.4bn Rights Issue
The Nigerian Stock Exchange (NSE) has granted the application filed by the board of International Breweries Plc for the listing of its proposed rights issue on the platform. The breweries giant is planning to raise fresh funds of up to N164.4 billion by selling shares to its existing shareholders at a unit price of N9 … Read more
Transaction On NSE Continues Losing Streak, Sheds N98bn
The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday continued in a losing streak, dropping by N98 billion. The News Agency of Nigeria (NAN) reports that the market capitalisation which opened at N13.354 trillion shed N98 billion or 0.73 per cent to close at N13.256 trillion. Also, the All Share Index (ASI) dropped 222.36 points, … Read more