Blog List Small

Eterna Plc has notified the Nigerian Exchange Limited and the investing public that its Board of Directors has appointed Mr. Benjamin Nwaezeigwe as the Substantive Managing Director/Chief Executive Officer of Eterna Plc effective 1st August 2022. Mr. Nwaezeigwe was the Acting Managing Director/Chief Executive Officer of the Company, a role […]

Nigerian stock market on Thursday declined as MTN Nigerian and other 14 stocks shed weights The All Share Index dropped by 0.12% to close at 50,014.60 points from the previous close of 50,075.47 points. The Market Capitalisation declined by 0.12% to close at N26.976 trillion from the previous close of[…]

President Buhari has reversed his authorisation for the acquisition of the entire share capital of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore Limited. The move puts the Presidency on the side of the Nigerian National Petroleum Company Limited which declined the $1.3bn transaction. On Monday, a statement by the[…]

Airtel Africa Plc has announced the signing of a $125m revolving credit facility with Citi through its branch offices/subsidiaries in sub-Saharan Africa. In a notice to the Nigerian Exchange, Airtel Africa stated thus: “This facility is in line with our strategy to raise debt in our local operating companies and[…]