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14

Feb
Business & Economy

Royal Exchange Plc to raise N2.058bn via Rights Issue

Royal Exchange Plc at its recent Extra-Ordinary General Meeting has passed a resolution to raise equity capital of N2,058,148,030 (Two Billion, Fifty Eight Million, One Hundred and Forty-Eight Thousand, Thirty Naira by Rights Issue. The Company will issue to existing shareholders 4,116,296,059 ordinary shares of 50 kobo each on the[…]

14

Feb
Market Update

Stock market rises by 0.07%

Transactions on the floor of the Nigerian Exchange on Monday closed on a positive note as The All Share Index rose by 0.07% to close at 54,364.67 points from the previous close of 54,327.30 points. The Market Capitalisation appreciated by 0.07% to close at N29.611 trillion from the previous close[…]

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