By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Access Bank Plc has raised N41.71 billion out of its proposed N52.6 billion via its last rights issue, Reuters reported on Tuesday citing a document. According to the report, the document showed that the rights issue meant for expansion of branches […]
Capital Market
Update: Fidelity Bank List N30 billion Bonds on NSE
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Fidelity Bank Plc last week listed a total of N30 billion 7 years fixed rate 16.48 percent subordinated unsecured bonds due 2022 issued by the bank. A statement from the lender said all the investors/bondholders’ Central Securities Clearing System (CSCS ) account have been credited […]
Investors’ Protection Fund: Board of Trustees Says 379 Verified Claimants Loss N1.69 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-The Investors’ Protection Fund (IPF) board of trustees said on Monday actual value of loss of 379 verified claimants is N1.694 billion. The IPF board of trustees at a media parley disclosed 154 of the 379 claimants verified by identity verification consultants have been approved for […]
