Nigerian Stock Exchange News
-
International Breweries Plc rose to a record on rising capacity after SABMiller Plc acquired the Nigerian beermaker last year.
-
Guaranty Trust Bank Plc, Nigeria’s largest lender by market value, rose to a record as investors speculated the stock was undervalued compared with its peers, according to Asset and Resource Management Company Ltd.
-
Transnational Corp. of Nigeria Plc, which invests in hotels, agriculture and energy, fell the most in more than a month after profit for 2012 retreated 58 percent.
-
United Bank for Africa Plc, Nigeria’s fifth-largest lender by market value, plans to increase loans by as much as 40 percent this year to fund oil, power and manufacturing projects.
-
United Bank for Africa Plc, the Nigerian lender operating in 22 countries, rose for a third day to the highest in six weeks after saying first-quarter profit advanced 33 percent.
-
Guinness Nigeria Plc, the West African nation’s second-largest brewer, said nine-month profit declined 18 percent as weak consumer spending stifled growth.
-
Ecobank Transnational Inc. may shelve plans to buy a stake this year in South Africa’s Nedbank Group Ltd. to focus on its business in 33 other African countries, said Chief Executive Officer Thierry Tanoh.
-
FBN Holdings Plc, owner of First Bank Nigeria, plans to raise $500 million by selling a Eurobond this year after abandoning a similar offering in 2012.
-
The Nigerian Stock Exchange’s Nasdaq OMX Group Inc. trading platform will be operational by the third quarter of this year, said Chief Executive Officer Oscar Onyema.
-
Chemical & Allied Products Plc, a Nigerian paints and house-hold goods manufacturer, headed for its highest on record after announcing a dividend and bonus shares.
|
|
Nigerian Stock Exchange Photos
Most Popular on Bloomberg
|
|
Nigerian Stock Exchange Videos
|
|
Rate this Page