Adesola Afolabi
Zenith, GTB, UBA drive Nigerian stock market index up 0.30%
The lead indicator of the Nigerian equities market, the All-share Index closed 0.30 percent higher to settle at 34,933.68 points…
South Africa goes into technical recession as GDP falls 0.7% in second consecutive quarter
Adesola Afolabi & Bukola Odufade Gross Domestic Product (GDP) data from South Africa's statistical agency published Tuesday for the…
Investment firm increases stake in NEM insurance, eyes board position
Eaton Acquisitions Limited, an investment company has increased its stake in NEM Insurance to 9 percent, days after it announced…
Nigerian stocks close negative, NSEASI falls 0.03%
Nigeria's equities market began the trading week on a slightly negative note as the All Share Index (ASI) declined 0.03…
International Breweries receives presidential commendation for N90bn investment
With a market capitalization over N275 billion, International Breweries Plc, the sixth largest listed company in Nigeria last week deepened…
Seplat notifies NSE of insider share sale
Seplat Petroleum Development Company PLC (Seplat) Friday notified the Nigerian Stock Exchange (NSE) of an insider share deal in a…
Analysts see no near term rebound in equities as benchmark index slumps 1.6% w-o-w
The likelihood of a rebound at the equities market remains slim as analysts are projecting continued sell pressures on stocks…
‘Recapitalization alone can’t improve fortunes of Nigerian microfinance banks’
It would take more than recapitalization or financing to improve the fortunes of microfinance institutions in the country, according to…
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