By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, AIICO Insurance Plc said on Thursday a total of 1,870,000,000 ordinary shares belonging to its life insurance arm were cancelled as a result of the internal corporate restructuring/consolidation going on in the firm. AIICO said its consolidating its life insurance business with AIICO General Insurance Company […]
Capital Market
Minority Shareholders of Consolidated Breweries Allotted 366 Million Ordinary Shares at N1.20 per Share
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Minority shareholders of Consolidated Breweries Plc were allotted a total of 366,396,456 ordinary shares of 50 kobo each at N1.20 per share on merger with Nigerian Breweries Plc. According to the Nigerian Stock Exchange (NSE) weekly stock market report, the allotted shares were added to […]
Forte Oil Lists Additional 217 Million Units of Shares
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Forte Oil Plc said on Thursday it listed a total of 217,080,184 units of shares added to the outstanding shares of the company resulting from the 1 for 5 bonuses. With this supplementary listing, the new total outstanding shares of the company now stood […]
