11
OctNigerian Breweries Plc Extends Rights Issue Acceptance Period
Nigerian Breweries Plc has notified shareholders and the Nigerian Exchange Limited that the Acceptance Period for its Rights Issue, which opened on 2nd September 2024 and was initially scheduled to close on 11th October 2024, has been extended to 18th October 2024, following the approval of the Securities and Exchange […]
09
OctCBN Reaffirms Commitment to Financial Stability and Depositor Security
The Central Bank of Nigeria (CBN) has reassured the public of its unwavering commitment to ensuring the stability and reliability of the Nigerian financial system. The CBN recognizes the crucial role that confidence plays in banking operations and affirms that all deposits in Nigerian banks are secure. In a circular[…]
07
OctMeCure Industries Plc Announces Acquisition of 10% Equity Stake by Zrosk Investment Management Ltd
MeCure Industries Plc has successfully finalized the acquisition of a 10% equity stake in the company by Zrosk Investment Management Ltd. The transaction, conducted off-market, received approval from the Nigerian Exchange Group (NGX). This strategic investment represents a significant milestone for MeCure Industries as it strengthens its capital base and[…]
07
OctStock market returns -0.95% WtD amidst profit taking
The Nigerian stock marketlast week declined by 0.95% as Dangote Cement, MTN Nigeria, BUA Cement and other 30 stocks shed weights. The All Share Index and Market capitalization declined by 0.95% to settle at 97,520.54 and N56.039 trillion respectively. An aggregate of 2.87 billion units of shares were traded in[…]
