By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, AIICO Insurance Plc on Tuesday said it’s seeking a $20 million convertible loan facility with the International Finance Corporation (IFC), according to the company in an issuer’s announcement to the Nigerian Stock Exchange (NSE). The insurer affirmed that under the arrangement, IFC has an option to […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Honeywell Flour Mills Plc on Tuesday named five (5) non-executive directors to the board of the company. The fast consumer moving goods firm said in an issuer’s announcement to the Nigerian Stock Exchange (NSE). They include Wonuola Adetayo, Raymond Zate Zoukpo,Alan Palmer,Teddy Ngu and Andrew Smith-Maxwell. According […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc has until January 30, 2015 deadline to make a firm offer on its merger with Afren Plc, a U.K. oil and gas explorer, Afren said in a statement on Monday. Seplat […]