By InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global bank, United Bank for Africa Plc (UBA) said on Friday it has reduced its rights issue price from N4.00 to N3.50 on the basis of One (1) ordinary share for every Ten (10) shares held, the lender said in an issuer’s announcement with the Nigerian […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Paint maker, Berger Paints Nigeria Plc said on Friday Tor Nygard, its managing director (MD) has exited the company with effect from February 01, 2015. The paint maker said Nygard’s disengagement is as a result of tenure expiration which ended January 31, 2015. Jatin Madan, the company’s […]

Access Bank on January 26 opened its N52.6 billion ($275.10 million) rights issue at N6.90 per share and will sell 7.63 billion ordinary shares of 50 kobo each at a ratio of one new share for every three held by existing shareholders. The Africa’s top tier lender said the capital […]