Struggling Abraaj Gets 70% of Nigerian Firm by Converting Loan

Struggling Abraaj Gets 70% of Nigerian Firm by Converting Loan    Bloomberg Abraaj Group, the private-equity firm that collapsed after defaulting on debt, will get a 70 percent stake in C&I Leasing Plc by converting a $10 million loan into ... read more

We’ll convert $10m loan in C&I Leasing to equity —Abraaj

We’ll convert $10m loan in C&I Leasing to equity —Abraaj    The Punch Feyisayo Popoola The Abraaj Group has said it will convert its $10m loan to C & I Leasing Plc to equity. According to a statement made availa... read more

Share consolidation almost completed, says C&I Leasing

Share consolidation almost completed, says C&I Leasing    The Punch Feyisayo Popoola C&I Leasing Plc has said its share consolidation exercise is almost complete. The Nigerian Stock Exchange placed a full susp... read more

NSE lifts suspension on C&I Leasing’s shares

NSE lifts suspension on C&I Leasing’s shares    The Punch Feyisayo Popoola The Nigerian Stock Exchange has lifted the suspension it placed on trading in the shares of C & I Leasing Plc. In a statemen... read more

C&I Leasing boosts IOC partnership with acquisition of two new vessels

C&I Leasing boosts IOC partnership with acquisition of two new vessels    BusinessAMLive C&I Leasing Plc is fast warming up to the heart of international oil companies (IOC) as it continues employing strategic expansion activities for improved profit ... read more

C&I Leasing & ABRAAJ: Here is what's wrong with this deal

C&I Leasing & ABRAAJ: Here is what's wrong with this deal    Nairametrics The recent corporate actions being undertaken by C&I Leasing Plc seem to smack of some information asymmetry. read more

C&I Leasing Plc acquires two new Tugboats

C&I Leasing Plc acquires two new Tugboats    Nairametrics C&I Leasing Plc has announced the acquisition of two brand new 2018 'ASD 2913 Tugboats' named 'MV Chidiebube' and 'MV Folashade'. read more

C&I Leasing Plc and its steady quest for financial redemption

C&I Leasing Plc and its steady quest for financial redemption    Nairametrics Two weeks ago, the management of C&I Leasing Plc announced that it had finalised the complete acquisition of stakes in C&I Petrotech Marine Limited. read more

Why C&I Leasing shares have been placed on suspension

Why C&I Leasing shares have been placed on suspension    Nairametrics The nation's bourse, the Nigerian Stock Exchange (NSE) yesterday placed full suspension on trading in the shares of C & I Leasing Plc. According to NSE, this is ... read more

How does the capital restructuring of C&I Leasing affect me as a shareholder?

How does the capital restructuring of C&I Leasing affect me as a shareholder?    Nairametrics Following the proposed and ongoing capital restructuring and the subsequent suspension of trading on the shares of C&I Leasing Plc, I received a couple of ... read more

Abraaj increases shareholding in C and I Leasing Plc

Abraaj increases shareholding in C and I Leasing Plc    Nairametrics C and I Leasing Plc in a recent notice sent to the Nigerian Stock Exchange, has intimated it of Abraaj converting its a loan granted to equity. read more

Abraaj, C & I Leasing in $10m debt-to-equity deal

Abraaj, C & I Leasing in $10m debt-to-equity deal    The Nation Newspaper AbraaJ Investment Management Limited (AIML) has indicated its intention to convert its $10 million loan in C & I Leasing to equities in the Nigerian leasing ... read more

C and I Leasing Plc considering share reconstruction

C and I Leasing Plc considering share reconstruction    Nairametrics In a notice sent to the Nigerian Stock Exchange (NSE) yesterday, C and I Leasing Plc disclosed its intentions to reconstruct its issued and paid up share capital. read more

Abraaj to convert $10m loans in C&I Leasing to equity

Abraaj to convert $10m loans in C&I Leasing to equity    Vanguard C &I Leasing has announced plans by Abraaj Group, managers of the Aureos Africa Fund, to convert its $10 million loan stock to the company to equity. read more

C&I Leasing bond oversubscribed by 33%

C&I Leasing bond oversubscribed by 33%    Punchng Ozioma Ubabukoh Nigeria's biggest and oldest leasing firm, C&I Leasing Plc, says its N7bn bond issuance has been oversubscribed by 33 per cent... read more

Here is why C & I Leasing Plc is yet to pay dividend to shareholders

Here is why C & I Leasing Plc is yet to pay dividend to shareholders    Nairametrics Nigeria's finance leasing company, C & I Leasing Plc has revealed why dividend have not been paid to shareholders for the past two years. read more

C & I Leasing promises continuous value, dividend

C & I Leasing promises continuous value, dividend    Punchng Stanley Opara. C&I Leasing Plc says it will continue to create value through the company's activities while also growing shareholders' wealth and dividend. read more

NSE approves C&I Leasing’s share reconstruction to accomodate expansion plans

NSE approves C&I Leasing’s share reconstruction to accomodate expansion plans    BusinessAMLive Adesola Afolabi is Businessamlive Reporter. You can contact her on adesola.afolabi@businessamlive.com with stories and commentary. December 11 ... read more

C & I Leasing Grows Profit by 25% to N1.2bn in Nine Months

C & I Leasing Grows Profit by 25% to N1.2bn in Nine Months    THISDAY Newspapers Goddy Egene. C & I Leasing Plc has reported a growth of 25 per cent in profit after tax (PAT) for the nine months ended September 30, 2018. The unaudited ... read more

C&I Leasing set to resume dividend payment after 2 years

C&I Leasing set to resume dividend payment after 2 years    Vanguard After deferring dividend payment for two years, C&I Leasing Plc said it is set to resume the payment at the end of the 2018 financial year. read more

C & I Leasing to Reconstruct Shares for Future Capital Raising

C & I Leasing to Reconstruct Shares for Future Capital Raising    THISDAY Newspapers Goddy Egene. C &I Leasing Plc has applied to reduce its issued and paid-up share capital from N808.505 million, which is 1,617,010,000 ordinary shares of 50 ... read more

NSE lifts suspension on C&I Leasing shares

NSE lifts suspension on C&I Leasing shares    Nairametrics The full suspension placed on trading on shares of C&I Leasing have been lifted after the company informed the Nigerian Stock Exchange (NSE) that the shares ... read more

C&I Leasing Plc announces buyout of Petrotech JV minority shareholders

C&I Leasing Plc announces buyout of Petrotech JV minority shareholders    Nairametrics C&I Leasing Plc has concluded the buyout of 27.5% minority stake in C&I Petrotech Marine Limited.C&I Petrotech Marine Limited is a Joint Venture company. read more

C&I Leasing Shares Hit 52-Week High of N9.04k

C&I Leasing Shares Hit 52-Week High of N9.04k    Business Post Nigeria Shares of C&I Leasing Plc appreciated to N9.04k per unit on the floor of the Nigerian Stock Exchange (NSE) on Tuesday. This came after the equities garnered ... read more

C&I Leasing adds two new vessels to marine fleet

C&I Leasing adds two new vessels to marine fleet    Guardian Nigeria Following its successful bond issuance, C &I Leasing Plc, has announced the acquisition and addition of two brand new 2018 'ASD 2913 Tugboats' named 'MV ... read more

C&I leasing Plc N7 billion bond offer oversubscribed

C&I leasing Plc N7 billion bond offer oversubscribed    Nairametrics C&I Leasing Plc has announced that its 7 billion bond issuance was oversubscribed by 133%. The bond offer is a five-year fixed rate senior secured bond. read more

C&I Leasing assures investors of dividend payment in 2018

C&I Leasing assures investors of dividend payment in 2018    Guardian Nigeria Succour may have come the way of investors of C&I Leasing Plc, as the firm has assured shareholders of dividend payment at the end current financial year. read more

C&I Leasing completes 28% buyout of Petrotech JV

C&I Leasing completes 28% buyout of Petrotech JV    Guardian Nigeria C&I Leasing Plc has concluded the buyout of 27.5% minority stake in C&I Petrotech Marine Ltd- a Joint Venture company with six vessels presently deployed to ... read more

C & I Leasing’s N7b bond to drive expansion, debt refinancing

C & I Leasing’s N7b bond to drive expansion, debt refinancing    Guardian Nigeria C&I Leasing Plc has announced that N7 billion Series I bond which opened on Monday May 21, 2018 recorded 133 per cent over subscription. read more

C&I Leasing’s N7bn bond ‘oversubscribed by 133%’

C&I Leasing’s N7bn bond ‘oversubscribed by 133%’    TheCable C&I Leasing Plc, a finance leasing company, says its N7 billion bond issuance was oversubscribed by 133 percent, amid plans for expansion across its various ... read more

FMDQ lists C&I Leasing’s N7bn bonds

FMDQ lists C&I Leasing’s N7bn bonds    Vanguard FMDQ OTC Securities Exchange Plc has admitted C&I Leasing's N7 billion bonds for trading on its platform. read more

Abraaj Confirms Intention To Convert Aureos Africa Fund Of US$10m Loan Stock In CILEASING To Equity

Abraaj Confirms Intention To Convert Aureos Africa Fund Of US$10m Loan Stock In CILEASING To Equity    Proshare Nigeria Limited C " I Leasing in December announced its intention to restructure the Company's issued and paid-up share capital, consolidating every four (4) ordinary shares ... read more

C & I leasing gains 349% as Nigerian stocks end first quarter of 2019 in deep red

C & I leasing gains 349% as Nigerian stocks end first quarter of 2019 in deep red    Nairametrics Nigerian stocks closed the first quarter of the year posting a combined year to date negative return of 1.24%. Apart from the Premium and Industrial Goods ... read more

4 Stocks Under N10 that Could make you Big

4 Stocks Under N10 that Could make you Big    Nairametrics Highly effective investors have their own habits which may be 7 or more. If you doubt me, ask Warren Buffet. read more

C & I Leasing Bond Offering Oversubscribed

C & I Leasing Bond Offering Oversubscribed    Independent Newspapers Limited C & I Leasing Plc's N7 billion Series one bond which opened on Monday May 21, 2018 and closed on June 4,2018, has recorded a subscription of 133 per cent. read more

C&I Leasing to sustain performance in marine sector, others

C&I Leasing to sustain performance in marine sector, others    Guardian Nigeria C&I Leasing Plc has announced that the firm is well positioned to consolidate current performance, and double earnings over the next two to three years. read more

C&I Leasing seals deal to increase shipping fleet

C&I Leasing seals deal to increase shipping fleet    Guardian Nigeria C&I Leasing Plc has sealed an agreement with the officials of Damen Shipyard and Export Credit Agency for the Netherlands, Atradius DSB. Chief Financial ... read more

C&I Leasing N7b Bond Issuance Records 133% Subscription

C&I Leasing N7b Bond Issuance Records 133% Subscription    Business Post Nigeria The N7 billion bond issued recently by C&I Leasing Plc was oversubscribed by 33 percent, the company has disclosed. The bond offering, which officially ... read more

Presco Plc leads gainers and losers on the NSE WTD November 2 2018

Presco Plc leads gainers and losers on the NSE WTD November 2 2018    Nairametrics Presco Plc was the best peforming stock on the Nigerian Stock Exchange for the trading week ended November 3 2018, appreciating by 12.92%. read more

Stocks to watch on the NSE WTD January 13 2019

Stocks to watch on the NSE WTD January 13 2019    Nairametrics eTranzact international Plc, Julius Berger Plc, NEM Insurance and C and I Leasing Plc are stocks to watch in this week's trading on the Nigerian Stock ... read more

Bottom Line: C&I Leasing is in bed with debt

Bottom Line: C&I Leasing is in bed with debt    Nairametrics C&I Leasing: Whenever a company reports profits backed by strong operating cash flows it excites my senses. In a world where profits and cash mean two ... read more

Corporate Actions on the NSE WTD December 21 2018

Corporate Actions on the NSE WTD December 21 2018    Nairametrics Corporate actions are decisions taken by companies' boards of directors or management teams, that could have an impact on the firms themselves or ... read more

Air Arabia lawsuit against Abraaj founder is 'abuse of legal system', says lawyer

Air Arabia lawsuit against Abraaj founder is 'abuse of legal system', says lawyer    Arabian Business The misdemeanour case filed by Sharjah-based carrier Air Arabia against Abraaj Group founder Arif Naqvi is an 'abuse' of the UAE's legal system, according to ... read more

C&I Leasing grows shipping fleet to 21

C&I Leasing grows shipping fleet to 21    Guardian Nigeria C&I Leasing Plc has launched a new 60 metres 80-ton bollard pull AHTS vessel named MV Bello 2015 to buoy its shipping fleet to 21 vessels. read more

C & I Leasing harps on rising cost of doing business, low demand volume

C & I Leasing harps on rising cost of doing business, low demand volume    Vanguard By Peter Egwuatu C & I Leasing Plc has disclosed that the rising cost of doing business, low demand, scarcity of foreign exchange, Forex, among others are the ... read more

C&I Leasing Eyes $100m Fresh Capital for Expansion

C&I Leasing Eyes $100m Fresh Capital for Expansion    THISDAY Newspapers MARKET NEWS C&I Leasing Plc plans to raise additional $100 million to expand its operations. The Group’s Chief Finance Officer (CFO), Mr. Alex Mbakogu ... read more

Custodian Investment leads gainers WTD endiing July 13 2018

Custodian Investment leads gainers WTD endiing July 13 2018    Nairametrics Custodian Investment Plc led the gainers for the week ended july 13 2018 on the Nigerian Stock Exchange (NSE). read more

Top Gainers and Losers on the Nigerian Stock Exhange in September

Top Gainers and Losers on the Nigerian Stock Exhange in September    Nairametrics The defunct Skye Bank Plc, led the top gainers and losers for the month of September on the Nigerian Stock Exchange. read more

Four Patrol Boats Delivered in Nigeria

Four Patrol Boats Delivered in Nigeria    MarineLink Four Damen SPa 1605 ballistic protected security patrol vessels have been delivered to C&I Leasing Plc, a player in the Nigerian… read more

Record Bond Sales Await Nigeria as Firms Flock to Raise Debt

Record Bond Sales Await Nigeria as Firms Flock to Raise Debt    Bloomberg Nigeria's securities regulator is preparing for record bond issuance from companies seeking to benefit from lower interest rates and an economy on the mend. read more

Corporate Actions on the Nigerian Stock ExchangeWTD August 17 2018

Corporate Actions on the Nigerian Stock ExchangeWTD August 17 2018    Nairametrics Here is a run down of corporate actions that took place last week and those expected to hold this week. read more

C & I Leasing’s Bond Offering Oversubscribed

C & I Leasing’s Bond Offering Oversubscribed    THISDAY Newspapers C &I Leasing Plc’s N7 billion Series one bond which opened on Monday the 21st of May and closed on the 4th of June 2018, has recorded an subscription ... read more

C&I Leasing sponsors 12 to ship building training in Romania

C&I Leasing sponsors 12 to ship building training in Romania    Vanguard By Theodore Opara. C&I Leasing plc a leading brand in operational leases and logistics support services in Nigeria, is sponsoring 12 people to the Damen ... read more

C & I Leasing launches two new vessels

C & I Leasing launches two new vessels    Vanguard Foremost Leasing company in Nigeria, C&I Leasing Plc has added two new vessels to its fleet. The vessels, Masud Defender and Magen Defender are both 25 ... read more

Leasehouz Debuts in Lagos, Provides Premium Leasing Services

Leasehouz Debuts in Lagos, Provides Premium Leasing Services    Brandspurng Leasehouz, an online market platform where various assets, goods and services, sold by various vendors and partners are displayed for sale has debuted in ... read more

Corporate Actions for the trading week ending August 10 2018

Corporate Actions for the trading week ending August 10 2018    Nairametrics Here is a review of companies that will be having corporate actions for the week ending August 10 2018, as well as those that took place in the prior week. read more

FMN transfers assets in division to subsidiary

FMN transfers assets in division to subsidiary    The Punch Feyisayo Popoola Flour Mills of Nigeria Plc has transferred its assets in one of its divisions ― Golden Penny Fertiliser ― to its wholly owned agr... read more

Nigeria: C&I Motors Now Suzuki Distributor

Nigeria: C&I Motors Now Suzuki Distributor    AllAfrica.com JAPANESE auto giant Suzuki Motors Corporation, has appointed C&I Motors Limited as its distributor and representative in Nigeria. read more

The October 2018 Nigerian Capital Market Service Report – Proshare

The October 2018 Nigerian Capital Market Service Report – Proshare    Proshare Nigeria Limited Nigeria's Equities Market closed the month of October 2018 further in red as NSEASI dipped by -0.92% as against -5.97% loss recorded in the month of ... read more

Chinese President Xi Jinping visits Africa amidst trade war with US

Chinese President Xi Jinping visits Africa amidst trade war with US    Nairametrics Jinping pledged to strengthen economic ties with Africa - a continent awash with Chinese loans in exchange for minerals and huge construction projects. read more

Could Subscription Save Utilities?

Could Subscription Save Utilities?    Transmission and Distribution World Understanding the 'Energy as a *service*' model and how it could impact struggling utilities. read more

Ahead of the FOMC meeting: what's next for the US dollar and emerging market

Ahead of the FOMC meeting: what's next for the US dollar and emerging market    Nairametrics The general consensual expectation of the FOMC meeting from the Fed on its monetary policy stance in its September meeting was a 25bp interest rate hike. read more

Stock Market On A Straight 5day Fall

Stock Market On A Straight 5day Fall    Economic Confidential Stock Market On A Straight 5day Fall. The stock market continued its losing streak on Wednesday, as the market capitalisation of equities listed on the Nigerian ... read more

Nigerian Breweries is most traded stock as NSE gains

Nigerian Breweries is most traded stock as NSE gains    TheCable Nigerian Breweries Plc traded 68 million shares on the floor of the stock exchange market on Thursday to emerge the most traded share. The value of all the ... read more

10 Stocks that have returned 60% or more in 2018 and how they did it

10 Stocks that have returned 60% or more in 2018 and how they did it    Nairametrics These are the best performing stocks on the Nigerian Stock Exchange between January and June 2018. read more

Nigerian Stock Exchange: Aiico Insurance, Unity Bank lead N327bn gains

Nigerian Stock Exchange: Aiico Insurance, Unity Bank lead N327bn gains    Vanguard Activities in the Nigerian Stock Exchange, NSE, closed upbeat this week following sustained interest in the shares of some mid- cap stocks, particularly the ... read more

Dangote Flour Emerges Best Performing Stock On NSE In February | NTA.ng - Breaking News, Nigeria, Africa, Worldwide

Dangote Flour Emerges Best Performing Stock On NSE In February | NTA.ng - Breaking News, Nigeria, Africa, Worldwide    NTA News Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per ... read more

40 stocks drive 1.2% market rally amid new rules

40 stocks drive 1.2% market rally amid new rules    Punchng Stanley Opara The Nigerian stock market (equities) opened the week in gains as 40 counters appreciated at the close of trading on the floor of the... read more

One year after, NSE lifts suspension on four firms

One year after, NSE lifts suspension on four firms    The Punch The Nigerian Stock Exchange has lifted the suspension it placed on trading in the shares of Premier Paints Plc and three other firms more than a year ago. read more

5 Quoted Companies List N55bn Corporate Bonds On NSE, FMDQ

5 Quoted Companies List N55bn Corporate Bonds On NSE, FMDQ    Leadership Newspaper In accessing stable long-term finance to fund their key activities, five quoted companies on the Nigerian Stock Exchange (NSE) have raised and listed a total ... read more

Investors dump Cadbury shares despite 200% profit growth, dividend

Investors dump Cadbury shares despite 200% profit growth, dividend    Vanguard By Nkiruka Nnorom Investors in the Nigerian Stock Exchange, NSE, Monday dumped the shares of Cadbury Nigeria Plc after the issuer reported 200 percent ... read more

LASACO shareholders approve additional N10 billion ordinary shares

LASACO shareholders approve additional N10 billion ordinary shares    Nairametrics LASACO Assurance Plc shareholders have approved the decision of the board of directors of the company to raise an additional N10 billion ordinary shares. read more

List Of Dividends Declared So Far In 2016 (Updated December 31, 2016)

List Of Dividends Declared So Far In 2016 (Updated December 31, 2016)    Nairametrics As audited accounts start to trickle in companies will propose dividend payments to their shareholders as recommended by their respective board of directors. read more

Form DEF 14A Bankwell Financial Group For: May 29

Form DEF 14A Bankwell Financial Group For: May 29    StreetInsider.com UNITED STATES. SECURITIES AND EXCHANGE COMMISSION. Washington, D.C. 20549. SCHEDULE 14A INFORMATION. Proxy Statement Pursuant to ... read more

CWG Plc appoints Adewale Adeyipo as its new CEO

CWG Plc appoints Adewale Adeyipo as its new CEO    Nairametrics The Board of CWG Plc has appointed Adewale Adeyipo as the company's Acting Managing Director/Chief Executive Officer. James Agada resigns from Board. read more

Lafarge Africa’s shares fall 7.42% over disappointing Q4’17 result

Lafarge Africa’s shares fall 7.42% over disappointing Q4’17 result    Vanguard The shares of Lafarge Africa Plc fell by 7.42 percent today following announcement of an unimpressive full year financial result by the cement manufacturer. read more

SEC extends offer period for Mutual Benefits’ rights issue

SEC extends offer period for Mutual Benefits’ rights issue    Punchng Nike Popoola. Mutual Benefits Assurance Plc has received the Security Exchange Commission's approval for an extension of the offer period of its rights issue. read more

Form DEF 14A NRG ENERGY, INC. For: Apr 25

Form DEF 14A NRG ENERGY, INC. For: Apr 25    StreetInsider.com Table of Contents. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549. SCHEDULE 14A. Proxy Statement Pursuant to ... read more

These companies may benefit from the CBN's latest FX policy

These companies may benefit from the CBN's latest FX policy    Nairametrics The CBN Governor Godwin Emefiele, made good his threat to add other items to the list of those banned from the official exchange market. read more

Rocket Internet set to list Jumia shares on NYSE

Rocket Internet set to list Jumia shares on NYSE    Nairametrics There are strong indications that Rocket Internet, owner of e-commerce platform Jumia is set to list the platform on the New York Stock Exchange. Although ... read more

Validea Peter Lynch Strategy Daily Upgrade Report - 10/11/2018

Validea Peter Lynch Strategy Daily Upgrade Report - 10/11/2018    Nasdaq The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch . This strategy looks for. read more

Wapic Insurance launches ombudsman

Wapic Insurance launches ombudsman    Nairametrics An ombudsman desk has been established by Wapic Insurance Plc. in a bid to improve customers' experience pertaining to insurance. read more

First Bank MD believes the Access/Diamond merger is a good move

First Bank MD believes the Access/Diamond merger is a good move    Nairametrics Managing Director/CEO of First Bank of Nigeria Adesola Adeduntan sees the merger plans between Access Bank and Diamond Bank Plc as a welcome ... read more

NEM Insurance, Resort Savings record worst performance in bearish market

NEM Insurance, Resort Savings record worst performance in bearish market    Vanguard DESPITE the bullish trend which persisted in the last two trading days on the Nigerian Stock Exchange, NSE leading to a halt of persistent decline since the ... read more

Stocks to Buy/Sell/Hold on the Nig WTD December 28 2018

Stocks to Buy/Sell/Hold on the Nig WTD December 28 2018    Nairametrics Livestock Feeds Plc gets a SELL recommendation in Nairametrics Buy/Sell/Hold list for the week. read more

Form S-1/A Bloom Energy Corp

Form S-1/A Bloom Energy Corp    StreetInsider.com News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here. read more

Japaul remains investors toast, records 53.97% gains

Japaul remains investors toast, records 53.97% gains    Vanguard Japaul Oil and Maritime Services Plc remained the investors toast throughout this week as its share price rose by whopping 53.97 percent to lead 44 other ... read more

This payment channel had the highest value of transaction in Q3 2018

This payment channel had the highest value of transaction in Q3 2018    Nairametrics The NBS has released the Selected Banking Sector Data for Q3 2018. Transactions made through NIP recorded highest volume and monetary value. read more

H1’18: Conoil profit soars, predicts higher returns for shareholders

H1’18: Conoil profit soars, predicts higher returns for shareholders    Vanguard Conoil Plc has lived up to its pledge to maintain its growth momentum as the company's recorded improved performance in the first half, H1'18 with profit soaring ... read more

SPDC awards marine services contracts to Nigerian companies

SPDC awards marine services contracts to Nigerian companies    Vanguard THE Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture has awarded key marine services contracts to two Nigerian companies, as it ... read more

Chief Executives' Lending Forum and Awards 2018 - Leasing Life

Chief Executives' Lending Forum and Awards 2018 - Leasing Life    Verdict Chief Executives' Lending Forum returned to London on 15th March 2018. We brought together senior decision makers from leading British lending industry ... read more

Flour Mills reports 82% rise in nine-month profit

Flour Mills reports 82% rise in nine-month profit    Punchng Stanley Opara. Food and agro-allied products player in Nigeria, Flour Mills of Nigeria Plc, has reported an 82 per cent rise in its profit for the nine months ended ... read more

Stanbic IBTC lists three funds on FMDQ

Stanbic IBTC lists three funds on FMDQ    Punchng Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings Plc, has listed on the FMDQ OTC Securities Exchange three of the mutual funds ... read more

Bottom Line: Honeywell smells really good but....

Bottom Line: Honeywell smells really good but....    Nairametrics Two years ago, Honeywell was facing a financial crisis, the type it had not faced in recent times. It reported a loss of N3 billion and was saddled with debts it ... read more

NSE’s All-share index plummets by 0.9%

NSE’s All-share index plummets by 0.9%    Guardian Nigeria The reign of the bears continued unabated on the trading floor of the Nigerian Stock Exchange (NSE), as major highly capitalised stocks depreciated in price, ... read more

Oil-by-rail pioneer U.S. Development Group cashing up, not out

Oil-by-rail pioneer U.S. Development Group cashing up, not out    Reuters After a major $500 million deal late last year, Texas-based oil-by-rail pioneer Dan Borgen might be forgiven for packing it in. read more

NSE Suspends Trading of Prestige Assurance Shares

NSE Suspends Trading of Prestige Assurance Shares    Business Post Nigeria Trading in the shares of Prestige Assurance Plc on the floor of the Nigerian Stock Exchange (NSE) has been put on hold for now. This is to enable the company's ... read more

Bottom Line: Unilever, equity is expensive for this price

Bottom Line: Unilever, equity is expensive for this price    Nairametrics It's been a wonderful year for Consumer Goods Businesses in Nigeria. Flashback three years ago it was all hell raising for the Consumer Goods Sector. read more

Watch Out Stock Market, Corporate Bonds are taking over

Watch Out Stock Market, Corporate Bonds are taking over    Nairametrics According to data from Security and Exchange Commission, the very first corporate bond issued in Nigeria was by The Broadcasting Corporation of Nigeria. read more

Olam may launch fish farming operations in Nigeria.

Olam may launch fish farming operations in Nigeria.    Nairametrics Olam International Ltd is on the verge of expanding its Agric business on the continent with the planned investment into fish farming in Nigeria and other African ... read more