There’s no doubt that the housing market has recovered from the collapse that squashed sales and pummeled prices. The median price for sales of existing homes is now 12% higher than a year ago, inventories of those homes are at a 13-year low and the number of homeowners owing more […]
Author: InvestAdvocate
Rights Issue: TRANSCORP to Increase Share Capital to N22.55 billion
By Our Correspondent Lagos (INVESTADVOCATE)- Transnational Corporation of Nigeria (TRANCORP) Monday said it intends to increase its Authorised Share Capital from N18 billion to N22.55 billion Ordinary Shares of 50 Kobo each through a Rights Issue. This is contained in a Notice from the Company to the Nigerian Stock Exchange […]
Japan to raise $10 billion through Japan Tobacco share sale
Japan’s government will sell around a third of its stake in Japan Tobacco Inc the world’s No.3 tobacco company, to raise about $10.4 billion for reconstruction of areas devastated by a 2011 earthquake and tsunami. The Ministry of Finance, which owns just over 50 percent of the $62 billion former […]
