BUA Cement has notified the Nigerian Exchange and investing public that it is contemplating to raise capital for capacity expansion. According to a notification available on the website of the Nigerian Exchange, the Company said it has gone into discussion with the International Finance Corporation (IFC), serving as lead arranger in conjunction with a number of other […]
Ecobank Nigeria has extended its innovative remittance services to its business account holders. This implies that Business Account holders can now receive funds sent through Ecobank Rapidtransfer or any of its Remittance franchise partners through the Business to Business (B2B), Business to Customer (B2C) and Customers to Business (C2B) transaction types directly into their business accounts. The[…]
It was yet another bearish session on the floor of the Nigerian Exchange yesterday as the All Share Index declined by 1.11% to close at 51,400.53 points against the previous close of 51,979.92 points on Friday. The market capitalisation also closed at N27.718 trillion, shedding N313 billion from N28.031 trillion recorded in last session. Aggregate volume of[…]