The Securities and Exchange Commission (SEC) has approved a one-week extension for the Transnational Corporation of Nigeria (Transcorp) rights issue to enable wider shareholder participation. Transcorp is issuing 12.906 billion shares of 50 kobo each at N1 per share via rights issue to raise fresh funds to finance its power […]
Author: InvestAdvocate
Dangote Is Africa’s First $20 Billion Man, now 25 richest in the world
Nigerian billionaire and Africa’s richest man Aliko Dangote has scored yet another first. This time, he has been named the Africa’s first $20 billion man, thus becoming one of the top 25 richest men in the world. With a current market cap of $20.5 billion, Dangote Cement becomes the first […]
Dangote Is Africa’s First $20 Billion Man, now 25 richest in the world
Nigerian billionaire and Africa’s richest man Aliko Dangote has scored yet another first. This time, he has been named the Africa’s first $20 billion man, thus becoming one of the top 25 richest men in the world. With a current market cap of $20.5 billion, Dangote Cement becomes the first […]
