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Dangote Cement woos investors with N100bn issue

By Peter Egwuatu Dangote Cement Plc is seeking to raise up to N100 billion in fresh funds from the bond market, under its N300 billion Debt Issuance Programme. According to the investor presentation document prepared by the company, themed ”Building Prosperity in Africa,” the funds from the  debut offering in the bond markets are to […]

COVID-19: Sell pressures persist as investors lose N99bn in 2 days

By Peter Egwuatu Sell pressures continued in the stock market as fear of Coronavirus (COVID-19) remains unabated with investors losing over N99 billion in the first two trading days of the week. The market capitalisation, which represents the value of shares in all the companies quoted in the Nigerian Stock Exchange, NSE, declined to N11.747 […]

Our business environment must make case for itself to investors ― Osinbajo tells agencies

In order to ensure government’s efforts in improving the business climate in Nigeria are translated into long term sustainable growth for the economy, stakeholders in the public and private sector will need to redouble their reform efforts, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this on Wednesday evening at the 3rd edition […]

UFC fighters rage over low pay while investors reap big dividends

Former fighters at the Ultimate Fighting Championship are fuming over multimillion-dollar payments recently handed out to the league’s rich and famous investors. A main target of their ire is UFC’s president, Dana White, a hulking, 50-year-old former boxer whose generous tipping habits have reportedly “changed people’s lives.” As The Post reported earlier this month, roughly […]

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