Neimeth International Pharmaceutical Plc has announced a record of over 60 per cent success in its recent Rights Issue. The company had, late last year, sought to raise fresh capital of about N1.2bn by floating a Rights Issue of 821.57 million ordinary shares of 50 kobo each at N1.50 per […]

The arrangement for the special placement of 48 million ordinary shares of 50 kobo each at N1 per share by Premier Paints Plc to Clover Global Resources Limited has been completed. The offer document, made available at the company’s Completion Board Meeting on Monday, showed that the company had received […]

Aggregate banking system credit (net) to the domestic economy in November 2011 rose by 3.5 per cent to N11.23tn, compared with 8.7 per cent in the preceding month. According to the Central Bank of Nigeria’s economic report for the month of November, banking system’s credit (net) to the Federal Government, […]