Adesola Afolabi
Adesola
Adesola Afolabi was a businessamlive reporter and Head of Financial desk.
Investment firm increases stake in NEM insurance, eyes board position
Adesola AfolabiSeptember 4, 2018
Eaton Acquisitions Limited, an investment company has increased its stake in NEM Insurance to 9 percent, days after it announced the
Nigerian stocks close negative, NSEASI falls 0.03%
Adesola AfolabiSeptember 4, 2018
Nigeria’s equities market began the trading week on a slightly negative note as the All Share Index (ASI) declined 0.03 percent
International Breweries receives presidential commendation for N90bn investment
Adesola AfolabiSeptember 3, 2018
With a market capitalization over N275 billion, International Breweries Plc, the sixth largest listed company in Nigeria last week
Seplat notifies NSE of insider share sale
Adesola AfolabiSeptember 3, 2018
Seplat Petroleum Development Company PLC (Seplat) Friday notified the Nigerian Stock Exchange (NSE) of an insider share deal in a
Analysts see no near term rebound in equities as benchmark index slumps 1.6% w-o-w
Adesola AfolabiSeptember 3, 2018
The likelihood of a rebound at the equities market remains slim as analysts are projecting continued sell pressures on stocks
‘Recapitalization alone can’t improve fortunes of Nigerian microfinance banks’
Adesola AfolabiSeptember 3, 2018
It would take more than recapitalization or financing to improve the fortunes of microfinance institutions in the country, according
Bearish sentiments persist at Nigeria’s equities market as NSEASI dips 0.77%
Adesola AfolabiAugust 30, 2018
The bearish sentiment in Nigeria’s equities market persisted Thursday as sell pressures in bellwethers – GUARANTY (-2.7%),
Diamond, Stanbic IBTC shares drop as investors react to sanctions by CBN
Adesola AfolabiAugust 30, 2018
Share prices of Diamond and Stanbic IBTC, the two listed banks fined by the Central bank of Nigeria (CBN) for aiding and abetting the
FG owes 81% of Nigeria’s $22bn external debt – DMO
Adesola AfolabiAugust 30, 2018
Nigeria’s Debt Management Office (DMO) says the federal government is accountable for 81 percent of the total debt owed externally by
Guinness Nigeria delivers triple digit bottom line growth in 2018
Adesola AfolabiAugust 30, 2018
Guinness Nigeria Plc has released its results for its full fiscal year ended June 2018, delivering growth across the top and bottom