Capital Market

December 12, 2018

Nigeria Update: NSE admits SAHCO Plc’s N406 million offer on exchange’s daily official list

The Nigerian Stock Exchange (NSE) has admitted 406,074,000 ordinary shares of 50 kobo each at N4.65 per share for Skyway Aviation Handling Company Limited (SAHCOL), following […]
December 12, 2018

Nigeria Update: Equities rebound as insurance stocks lift NSE’s indices by N44b

Price gains recorded by many blue-chip stocks especially by Veritas Kapital Assurance and Law Union and Rock Insurance, aided transactions on the equity sector of the […]
December 7, 2018

Africa Update: South Africa probes seven accounts for Steinhoff insider trading

South Africa’s financial regulator is investigating seven trading accounts that sold Steinhoff International Holdings NV shares in the weeks leading up to the global retailer’s disclosure […]
December 7, 2018

Nigeria Update: Investors’ wealth depreciates by N122b on renewed sell-offs

Following renewed sell-off in most blue-chip stocks, the two-day gaining streak on Nigerian Stock Exchange (NSE) was halted yesterday, as market capitalisation plunged by N122 billion. […]