Tag: Equity

FG Signs N122b Equity Participation Agreement With Six Gas Firms  
October 2, 2024 No Responses

FG Signs N122b Equity Participation Agreement With Six Gas Firms  

The Federal Government has signed a N122 billion project equity participation agreement with six gas infrastructure companies aimed at transforming the midstream gas value chain across the country. This was disclosed by the Minister of State for Petroleum Resources (Gas),...
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CSCS: FMDQ Acquires 21.6% Equity With 1,080,641,902 Units Of Shares
July 9, 2023 No Responses

CSCS: FMDQ Acquires 21.6% Equity With 1,080,641,902 Units Of Shares

FMDQ Holdings Plc is now a shareholder of Central Securities Clearing System Plc (CSCS) with a 21.6 per cent equity stake. CSCS Company Secretary/General Counsel, Charles I. Ojo, who confirmed the development in a statement on Saturday expl...
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Stock Market Investors Lose N553b
April 6, 2023 No Responses

Stock Market Investors Lose N553b

The domestic equity market on Wednesday recorded its third consecutive loss in the week, bringing down the benchmark Index by 1.88 per cent as investors sold off Airtel Africa and 13 others. The All Share Index (ASI) decreased by 1,016.42...
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Investors Recover N81b As Equity Market Closes Positive
August 6, 2022 No Responses

Investors Recover N81b As Equity Market Closes Positive

Trading activities at the Nigeria equity market closed in a positive posture, as investors raked in N81.01 billion gain on Friday.  Similarly, the gain made the market capitalisation close at N27.358 trillion from N27.276 trillion recorded on Thursday.&nb...
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C&I Leasing Shareholders Endorse Neoma Africa $10m Loan To Equity Conversion
November 4, 2020 No Responses

C&I Leasing Shareholders Endorse Neoma Africa $10m Loan To Equity Conversion

C&I Leasing Plc shareholders have unanimously approved the conversion of $10 million loan to equity for Neoma Africa Fund (formerly Aureos African Fund). The shareholders gave the approvalat the company’s Extra-Ordinary General Meeting (EGM) on Tuesday i...
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