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 […]
Capital Market
Seplat Complete Acquistion of Interest in OML 53 Onshore Nigeria
Press Release Feb 05, 2015/Seplat Lagos and London, 5th February, 2015: SEPLAT Petroleum Development Company Plc (“SEPLAT” or the “Company”), a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange and London Stock Exchange, today announces that it has completed the acquisition of a 40.00% […]
Seplat to Acquire 56.25% Stake in Belemaoil
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc said on Thursday it has concluded plans to acquire 56.25 percent stake in Belemaoil Producing Ltd, the company said in a statement. Belemaoil a Nigerian Special Purpose Vehicle (SPV) has completed […]
