By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) has approved two (2) weeks extension the acceptance period of Oando Plc’s $300 million (48.8 naira billion) rights issue. The offer which was to close January 14 has now been extended to January 28, Vetiva Securities Ltd on behalf of the […]
Capital Market
Bahamian Firm to Acquire 20.64% Stake of Avon Crowncaps
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Avon Crowncaps & Containers (Nigeria) Plc has said Bahamian firm, Wilko Corporation has proposed to acquire the entire minority shareholding of Avon Crowncaps, amounting to 141,158,205 ordinary shares of 50 kobo each representing 20.64 percent of the company’s issued share capital, according to Avon Crowncaps […]
Nigerian Stocks Close Red, Dip 3.68% to End Week
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Friday ended the week on red as all-share index and market capitalisation dipped 3.68 percent and 3.09 percent to close at 29,034.89 and N9.671 trillion respectively. In the same vein, all the indices at the Nigerian bourse closed on a negative note […]
