Page 12 - Ventures Plc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Emmanuel Addeh FHT Ventures Plc has said it is set to raise about N100 billion bond, repayable in 10 years, as a private sector-led scheme in partnership with the government and its overseas partners to empower 70 million Nigerian youths. While stressing that the federal government was expected to guarantee the sum, the Executive Chairman of the organisation, Mr. Olubunmi Adewa-Faboro, noted that the scheme was to showcase a grand private sector led project in the country to promote ventures that would keep youths away from crime and insurgency currently prevailing in Nigeria. Speaking at ...

Punch Newspapers Sections ’Femi Asu Investors in the nation’s stock market lost N130bn on Thursday as 30 firms saw their share prices decline at the end of trading. The Nigerian Stock Exchange All-Share Index fell by 0.63 per cent to 40,212.19 basis points from 40,465.32bps on Wednesday. The market capitalisation of listed equities dropped by N130bn to N21.04tn from N21.17tn on Wednesday. A total of 426.27 million shares valued at N4.75bn were traded in 4,972 deals at the end of trading on the floor of the NSE on Thursday. University Press Plc led the losers on Thursday as its share price...

’Femi Asu The nation’s stock market extended its decline on Wednesday as investors continued to take profits on recent gains. Twenty-two firms sa...

Punch Newspapers Sections ’Femi Asu Investors in the nation’s stock market gained N60bn on Monday as Seplat Petroleum Development Company Plc and 30 other firms recorded price appreciation. The Nigerian Stock Exchange All-Share Index rose by 0.33 per cent to close at 40,571.67 basis points on Monday from 40,439.85bps on Friday. The market capitalisation of listed equities increased by N60bn to N21.22tn from the N21.16tn at which it closed last week. The top five gainers at the end of trading on the floor of the NSE on Monday were Seplat, Japaul Gold & Ventures Plc, Mutual Benefits Assuran...

Goddy Egene The Nigerian stock market shed N368 billion last week following profit-taking activities by some investors after the massive gains in January. The market had appreciated by N1.1 trillion in January due to sustained high demand for stocks. However, the bears set in the first week of February as some investors moved in to lock in part of the gains. Bearish sentiments dominated the local bourse in all the five trading sessions. Consequently, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) fell by 1.66 per cent to close lower at 41.709.09, while market capitalisation shed N368...