By InvestAdvocate Lagos (INVESTADVOCATE)- Nigerian stocks on Thursday made a rebound on the gains of blue chip companies; recording an all-share index (ASI) gain of 0.25 percent to close at 28,811.39 points, while market capitalisation climbed up by N99.62 billion to close at N9.62trillion. With this rebound, current Year-to-Date (YTD) […]
Capital Market
Oando Extends $300 Million Rights Issue to Jan’28
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc on Thursday said it has extended the acceptance period of its $300 million (48.8 naira billion) rights issue by two (2) weeks January 28, 2015. A statement from the dual listed company affirmed that its shareholders requested for an extension […]
Seplat Gets $1 Billion Debt Re-financing
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc (SEPLAT) said on Thursday it has successfully refinanced its existing debt facilities with $1 billion of new facility split between a $700 million seven (7) year secured term facility and $300 million […]
