Omatek Ventures Plc at its recent Annual General Meeting have got approval to raise capital by allotting the unissued 4, 058, 210, 528 Ordinary Shares. According to the notice available on the website of the Nigerian Exchange, the Directors has been authorized to raise capital by allotting the unissued 4, 058, 210, 528 Ordinary Shares through such […]
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NovThe stock market last week continued its southward journey as the All Share Index and the Market Capitalisation declined by 0.68% to close at 43,968.75 points and N23.949 trillion respectively. In a chat with Mr Gilbert Ayoola, the capital market expert shed light on the current market mood, market possibilities and stocks to watch. Excerpts: • The market[…]
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NovThe Nigerian stock market last week continued its down trend as prices of stocks keep shedding weight, occasioned by profit taking in Guinness, Flourmills, Presco, MTN, Seplat, Dangote Cement and Airtel among others. Year to date, the market has returned 2.93% with All Share Index and Market Capitalisation at 43,968.75points and N23.949 trillion respectively. Most stocks have[…]
