Author: InvestAdvocate

SEPLAT sets minimum orders of N60m, N18m for $500m IPO

•Eyes N330b capitalisation, N700 share price SEPLAT Petroleum Development Company Plc, an indigenous independent oil and gas company, has set a minimum order of between N18 million and N60 million for high networth individual and institutional investors as the upstream oil firm commenced the institutional book building for its global […]

World Bank, UBA collaborate on infrastructure financing

United Bank for Africa Plc has said it is collaborating with Multilateral Investment Guarantee Agency, the political risk insurance and credit enhancement arm of the World Bank Group, to mobilise capital for infrastructure projects in Africa. A statement by UBA on Tuesday quoted the Vice-President and Chief Operating Officer of […]

Missing N59.6bn: CBN, NNPC, AGF Get 24-Hour Ultimatum

The House of Representatives Committee on Public Accounts has issued a 24-hour ultimatum to acting Governor of Central Bank of Nigeria (CBN), Sarah Alade; Executive Director of Finance, Nigeria National Petroleum Corporation (NNPC) Mr Sambo Aliyu and Accountant General to the Federation (AGF), Mr Jonah Otunla to explain their individual […]