By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc on Tuesday said it has filed for regulatory approval to enable it raise 68 billion naira via a rights issue. The Nigeria’s tier one lender said it’s expecting a go ahead from the Securities and Exchange Commission (SEC) in mid-November and expects […]
Capital Market
Delisting: NSE Issues Starcomms, Afroil, Josbrew, Six Others One Month Notice
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday served a one month notice to Starcomms Plc, Afroil, Jos International Breweries Plc and six (6) other firms to delisting, the NSE said in a statement. The other six (6) companies are Investment and Allied Insurance Plc, Pinnacle […]
Heritage Bank yet to pay for Enterprise as AMCON extends deadline
Heritage Bank, the preferred bidder for Enterprise Bank, is yet to pay the remaining eighty percent of its N56 billion acquisition of Enterprise Bank, BusinessDay learnt last night. Under the terms of the acquisition, Heritage was meant to pay 20 of the purchase price after it was announced as the […]
