Capital Market

Access Bank to Open Rights Issue at N8.90 Kobo per share, hold EGM Oct’13

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc on Tuesday said it will open its proposed Rights Issue at N8.90 kobo per share and will issue 7.640 million ordinary shares of 50 kobo each. The lender said in an issuer’s announcement to the Nigerian Stock Exchange (NSE). Access Bank affirmed […]

Oando H1 Post tax Profit up 110%, Offers 70 Kobo Interim Dividends, 30 Kobo in FY 2013

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc on Tuesday said its post tax profit climbed up 11 percent to 8.980 billion in its half year (H1) period ended June 31 2014 from N54.271 billion in the same period of 2013, the company said in a filing to […]

Heritage plans NSE listing after Enterprise Bank acquisition

Heritage Bank, which emerged the preferred bidder for Enterprise Bank two weeks ago, says it will list its shares on the Nigerian Stock Exchange after putting certain things in place, including the proposed transition of Enterprise Bank to Heritage Bank. The Chief Executive Officer of the bank, Mr. Ifie Sekibo, […]