Tue Jun 9, 2015/Reuters Ghana requires some $15 billion over the next decade to plug a gap in its infrastructure, Vice President Kwesi Amissah-Arthur said on Tuesday, after flooding in Accra last week exposed problems with creaking public services. “It is estimated that to address our infrastructure deficit, we require […]
Capital Market
Lotus Capital Says to Pay 10 Kobo Interim Dividend on Halal ETF
By InvestAdvocate Lagos (INVESTADVOCATE)-Lotus Capital said on Tuesday it will pay a 10 kobo per unit interim dividend on its Lotus Halal Equity Exchange Traded Fund (ETF), the company said in its corporate action with the Nigerian Stock Exchange (NSE). According to Lotus Capital, it has received a ‘no objection’ […]
Flour Mills of Nigeria to Raise N40 Billion via Rights Issue, Increase Authorised Share Capital
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top miller, Flour Mills of Nigeria Plc (FMN) said on Tuesday it will raise fresh fund of N40 billion via a rights issue, the miller disclosed in an issuer’s announcement with the Nigerian Stock Exchange (NSE). The company said it will hold an extraordinary […]
