NSE set to launch X-Mobile to boost investors participation

The Nigerian Stock Exchange (NSE) is set to launch X-Mobile, a dynamic and user-friendly mobile app, to enhance investors’ participation in the Nigerian capital market. The NSE mobile app which is currently in its Beta state will be launched at the 2019 NSE Market Data Workshop taking place on Wednesday, September 11, 2019, at Harbour Point, Victoria Island, Lagos.

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AFC secures inaugural $150m Dual Currency Samurai Term Loan Facility from Japanese banks

Africa Finance Corporation (AFC), Africa’s leading investment grade infrastructure solutions provider, announces the close of general syndication of a minimum US$150,000,000 Dual Currency Samurai Term Loan Facility with MUFG Bank, Ltd. (MUFG) and Sumitomo Mitsui Banking Corporation (SMBC), acting as Mandated Lead Arranger and Bookrunner.

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UAC’s Imperial Logistics raises equity in MDS Logistics to 57% in $2.4m deal

UAC of Nigeria Plc has informed the Nigerian Stock Exchange (NSE), its shareholders and stakeholders that the Company has entered into an agreement with Imperial Logistics Limited under which Imperial Logistics proposes to increase its shareholding in MDS Logistics Limited from 49% to 57%, by acquiring an additional 8% shareholding from UAC . The Transaction is subject to relevant regulatory approvals.

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