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21

Jul
Finance Services

Market Declines as NGXASI Closes 0.23% Lower

Activities on the floor of Nigerian Stock Exchange on Wednesday declined further as the All-Share Index closed 0.23% lower to settle at 52,186.52 compared with 52,308.88 recorded on Tuesday. The market capitalisation dropped by N66 billion or 0.23% to close at N28.142 trillion from N28.208 trillion recorded in the previous[…]

20

Jul
World of Business

Wema Bank to commence N40bn rights issue in August

Wema Bank Plc has concluded arrangement to commence its N40 billion rights issue to the existing shareholders of the bank in August. Following the completion of the Bank’s share reconstruction exercise, the Board of Directors of the Bank has been authorised to raise capital of N40 billion by way of[…]

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