09
JulGTCO PLANS TO RAISE N400 BILLION IN A PUBLIC OFFER
Guaranty Trust Holding Company Plc (GTCO) has unveiled ambitious plans to raise N400 billion through a public offering on the Nigerian Exchange Limited (NGX). This initiative involves issuing nine (9) billion ordinary shares of 50 kobo each at an offer price of N44.50 per share for a period of 21days. […]
08
JulTHE NIGERIAN STOCK EXCHANGE MARKET REVIEW
THE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR JULY 1st – 5th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 2.259 billion shares worth N31.166 billion in 42,851 deals. This represents a decrease in value compared to the previous week, where[…]
01
JulTHE NIGERIAN STOCK EXCHANGE MARKET REVIEW
THE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR JUNE 24th – 28th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 2.651 billion shares worth N49.976 billion in 41,610 deals. This represents a decrease in value compared to the previous week, where[…]
24
JunFidelity Bank Launches N127.1 Billion Capital Raise: A Game-Changer in Nigerian Banking
Fidelity Bank Plc has embarked on a significant capital-raising initiative amounting to N127.1 billion through a combined rights and public offer. This move has garnered enthusiastic support from stakeholders across the financial markets, underscoring the bank’s robust growth trajectory and investor-friendly reputation. The offering includes a rights issue of 3.2[…]
