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OctNigerian market rebounds, grows marginally by 0.03%
The Nigerian equity market on Thursday bounced back after sessions losses as the All Share Index marginally grew by 0.03% to settle at 44,332.38 points from the previous close of 44,318.15 points. Investors gained 8 billion as The Market Capitalisation was up by 0.03% to close at N24.147 trillion from […]
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OctLafarge gets $778m fine for supporting terror groups
Lafarge SA has been fined $778 million by the US Justice Department for supporting terror groups in Syria during the Syrian civil war. In a statement, Lafarge and the parent company Holcim Group, stated thus: “Lafarge SA and its defunct subsidiary Lafarge Cement Syria have agreed to plead guilty to[…]
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OctSFS Real Estate Investment Trust reports N180.65m revenue, PAT rises by 9.57%
SFS Real Estate Investment Trust Plc on Tuesday published its Third Quarter report for the period ended 30 September 2022. The Company reported a turnover of N180.65 million for the 9 months period, up by 3.65% from N174.3 million reported the previous year. Profit after tax grew year on year[…]
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OctFidelity Bank redeems $400m Eurobonds
Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that the Bank has redeemed its $400 million Reg S/144a Senior Unsecured 5-year Notes due October 17, 2022. The Notes were successfully issued on October 17, 2017 through a combination of new issue and tender for the refinancing[…]
