NASD: Norrenberger’s N1.3 billion bet shakes up Nigeria’s OTC market
NASD: Norrenberger’s N1.3 billion bet shakes up Nigeria’s OTC market Norrenberger Securities Limited has acquired a 4.35% strategic stake in NASD Plc for a stunning N1.3 billion, in what industry watchers described as the most significant institutional vote of confidence... Read More →
Presco begins N236.67bn rights issue
Presco begins N236.67bn rights issue Presco Plc has announced the commencement of its N236.67bn rights issue on the Nigerian Exchange Limited. In a corporate disclosure on Wednesday, the rights issue offers current shareholders of the company an opportunity to buy... Read More →
TotalEnergies eager to develop oil assets — Deputy MD
TotalEnergies eager to develop oil assets — Deputy MD TotalEnergies EP Nigeria is racing to unlock the full potential of its oil assets in Nigeria, driven by what the company describes as a “desperation” to optimise existing fields and accelerate... Read More →
Senator urges review of 30% capital gains tax
Senator urges review of 30% capital gains tax The Chairman, Senate Committee on Capital Market and Institutions, Senator Osita Izunaso, has called for a review of the controversial 30 per cent Capital Gains Tax on share sales, warning that the... Read More →
Equities market rebounds as investors gain N2.59tn
Equities market rebounds as investors gain N2.59tn A day after a 5.01 per cent decline in the All-Share Index of the Nigerian Exchange Limited, it rebounded to close trading in the green zone for the first time in days. Both... Read More →