By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Flour Mills of Nigeria Plc now FMN Plc on Wednesday said it has invested $250 million in Golden Sugar Company Limited according to Paul Gbededo, group managing director/chief executive officer (GMD/CEO) of the milling industry. Gbededo disclosed this at the company’s “Facts behind the Figures” […]

Diamond Bank Plc’s rights issue aimed at raising N50.37bn for enhancing the bank’s operations closed on Tuesday. The closure comes despite calls by some of the bank’s shareholders for the issue to be extended. Diamond Bank had received the approval for the issue from shareholders in April at its Annual […]

Stanbic IBTC Asset Management Limited has finalised plans to float an Exchange Traded Fund, the Stanbic IBTC ETF 30, a move it said was aimed at further developing the country’s capital market. An Exchange Traded Fund is an investment vehicle that tracks an index, a basket of assets, or a […]