Category: nairalaw.com

Afreximbank Supports Fidelity Bank’s Acquisition of Union Bank UK with $40m Afreximbank said it has disbursed 40 million dollars Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity…

Tariff Hike: N230m Monthly Electricity Bill not Sustainable – Unilorin VC Vice-Chancellor of University of Ilorin, Prof. Wahab Egbewole, says the institution’s monthly electricity bill has jumped from N70 million…

Equities Market Climbs by N323bn on Fresh Rally Equities market wiped out weekly loss of N44 billion on Monday as investors sentiment picked up ahead of inflation data. The surge…

Abbey Mortgage Bank Trades Flat Amidst Divestment Notice Abbey Mortgage Bank Plc is expecting its profit to reach approximately N220 million in the third quarter of financial year 2024. On…

Ecobank Climbs by 12% over Strong Volume Trade Ecobank Transnational Incorporation’s (ETI) share price climbed by 12% on strong volume following the announcement that shareholders approved all its resolutions at…

Nigerian Exchange Declines by N44bn as Investors Book Profits The Nigerian Exchange, NGX, declined by about N44 billion over the last five trading sessions, according to transactions details obtained from…

Multi-Trex Lists Additional Shares on NGX after Private Placement Multi-Trex Integrated Foods Plc listed additional shares on the floor of the Nigerian Exchange Limited (NGX) last week amidst suspension. This…