|Bid||6.66 x 500|
|Ask||6.99 x 500|
|Day's Range||6.27 - 6.48|
|52 Week Range||5.67 - 7.84|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.65%|
Nigeria's benchmark index hit new two-year highs on Tuesday, led by banking shares after the central bank said it was committed to opening up the local currency market to investors. The index rose 2.54 ...
Bob Diamond’s African investment vehicle Atlas Mara said it is raising US$200m from Fairfax Africa and existing shareholders to kick-start the bank after a tough three years since listing. Atlas Mara, which has been buying up banking assets with the aim of becoming the leading bank in Africa, plans to sell US$100m of new shares to Fairfax Africa and existing investors, and sell US$100m of mandatory convertible bonds to Fairfax. Fairfax Africa will invest at least US$130m and up to the full US$200m, which will give it a stake of between 35% and just below 50% in Atlas Mara.
Rating Action: Moody's assigns first-time ratings to Union Bank of Nigeria plc. Global Credit Research- 16 Jun 2017. London, 16 June 2017-- Moody's Investors Service has today assigned first-time ratings ...