Directors’ scramble for Nigeria’s best-performing bank stock quickens ahead of earnings release

, which completed a mutation from commercial banking into a holding company at the start of the second quarter, has yielded 157 per cent so far this year, making it the country’s best-performing bank stock.rating Mike Adenuga and his nominee company Silverlake Investment Limited.

Shares totalling 87.5 million and purchased at N328.1 million were acquired by four members of the company’s directors board including Managing Director Yemi Odubiyi, according to PREMIUM TIMES calculation from regulatory filings. That takes their total stakes in the group to 157.4 million, 135.8 million, 321.2 million and 254.2 million also in that order.Nigeria’s bank stocks raced to their pinnacle in 20 years on 14 June, gaining 23 per cent that day alone, after a wave of liberalisation policies in the foreign exchange system accelerated market confidence, helping lure foreign investors back.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

July inflation report, CBN's financial statement... 7 business stories to track this week | TheCableJuly inflation report, CBN’s financial statement… 7 business stories to track this week | TheCable
Fonte: thecableng - 🏆 2. / 80 Consulte Mais informação »

July inflation report, CBN's financial statement... 7 business stories to track this weekHere are the seven top business stories you need to track this week — August 14 to August 18. The Nigerian Bureau of Statistics (NBS)...
Fonte: thecableng - 🏆 2. / 80 Consulte Mais informação »