CORPORATE ACTIONS: An Exit and Less Sugar

CORPORATE ACTIONS: An Exit and Less Sugar

Corporate Actions Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impacts on the firms themselves or shareholders. Examples of corporate actions include the release of quarterly and full year results, payment of dividends, closing of shareholders’ registers, announcing qualification dates and Annual General Meeting (AGM) dates. Here […]

Fidson Healthcare gets SEC approval to review its rights issue

Fidson Healthcare gets SEC approval to review its rights issue

In view of prevailing market realities, leading pharmaceutical company, Fidson Healthcare Plc has reduced the size and price of its planned rights issue after it got regulatory approval from the Securities and Exchange Commission (SEC). The healthcare company disclosed this through a notice to the Nigerian Stock Exchange yesterday. Fidson Healthcare had announced a rights […]

Stock index rises 0.3% amid renewed bargain hunting

Stock index rises 0.3% amid renewed bargain hunting

Nigerian Stock Exchange Following renewed bargain hunting embarked upon by stock market investors, transactions on the equity sector of the Nigerian Stock Exchange (NSE), closed upbeat yesterday, as the All-share index rose marginally by 0.3 per cent. Specifically, at the close of transactions yesterday, the All Share Index (ASI) gained 96.18 absolute points, representing a […]