Lafarge Africa Plc has set aside about N1.9 billion as cash payments for the minority shareholders of Ashaka Cement Plc as Lafarge Africa wraps up a mandatory tender offer (MTO) that seeks to absorb minority shareholders of Ashaka Cement in a cash and equity deal. The extended application period for […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm Oando plc on Tuesday said it has changed its ongoing rights issue price from the initial N22.00 per share to N16.50 per share, according to the company in a notice on its official website. “The initial Offer size, price and ratio of […]

PAC Asset Management Limited, a fund manager, has concluded plans to inaugurate a N1bn fund called the PACAM Balanced Fund. The fund and portfolio manager, which is registered with the Securities and Exchange Commission, on Tuesday held the completion board meeting of the fund with all the parties to the […]