The debt has a coupon of 13 per cent and has been oversubscribed by 32 per cent.
Profit-taking in the shares of Zenith, GTB and Stanbic accounted most for the decline.
First Bank Holdings was the most active stock with 79.603 million units of its stocks worth N574.498 million traded in...
Transcorp acquired two state-owned power assets – Afam Power Plant Plc and Afam III Fast Power Limited – for N105.3...
Sales surged by more than one-third from N249.182 billion to N332.7 billion.
Ms Johnson, 57, replaces Babatunde Savage, who retires on June 30.
Profit for the period increased to N52.6 from N41 billion.
FBN Holdings woes were compounded as the release of its first quarter earnings report showed a 39 per cent profit...
The all-share index went up by 679.72 points to 39,461.20, while market capitalisation rose to N20.652 trillion.
The telco said it would announce a new MD/CEO for its Nigerian division soon.
Market breath closed on a negative note, with 25 losers recorded compared to 19 losers.
Mr Shobo, who until now was the lender’s deputy managing director, will take over leadership from Adesola Adeduntan.
The bank’s asset base scaled up from N2.3 trillion to N2.9 trillion.
The all-share index slid 13.04 points, closing at 39,305.48.
The benchmark index is down 2.36 per cent year to date.
Total assets contracted by 0.10 per cent, largely resulting from a tumble in cash and cash equivalents from N30.4 billion...
Dangote Cement controls 61 per cent of the market share, Lafarge Africa 22 per cent and BUA Cement the rest.
At the forefront of the advance were blue-chip equities like Zenith, UACN, Dangote Sugar, and Stanbic IBTC.
GTB’s pre-tax profit came to N53.683 billion down from N58.204 billion.
The benchmark index lifted by 40.01 points.
Net interest income stood at N74.4 billion relative to the N65.4 billion reported in the same period of last year.
BancABC Botswana is the fifth largest Bank in Botswana.
Year to date, the index is down by 3.63 per cent.
The advance means little when set beside the loss that befell the market Monday through Tuesday, summing up to 0.69...