The Nigerian Stock Exchange on Wednesday closed lower as The All Share Index was down by 0.10% to close at 49,575.93 points from the previous close of 49,627.72 points. Investors lose N28 billion as the Market Capitalisation dropped by 0.10% to close at N26.740 trillion from the previous close of N26.768 trillion. At the close of trade […]
Neimeth International Pharmaceuticals Plc is set to float a rights issue of N3.67bn through the Nigerian capital market. The rights issue would be used to raise N3,679,618,625 at the cost of N1.55k per 50 Kobo share. Neimeth stated that its shareholders had in March, 2022 at the 63rd annual general meeting, approved the creation of 2,373,947,500 additional[…]
Transactions on the floor of the Nigerian stock market on Tuesday closed flat, following previous sessions of unclear market direction as the All Share Index closed at 49,627.72 points from the previous close of 49,625.71 points, indicating no significant change. The Market Capitalisation added just 1 billion to close at N26.768 trillion from the previous close of[…]