Stanbic IBTC Stockbrokers Ltd, has on behalf of Diamond Bank Plc, notified The Nigerian Stock Exchange that the Acceptance List for the Diamond Bank Rights Issue closed on Tuesday, 26 August, 2014. Accordingly, Receiving Agents nationwide are advised to prepare and forward their returns to the Registrars to the Rights […]
Capital Market
Flour Mills Nigeria Invests $250 Million in Sugar Refinery
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’s N50.4bn rights issue closes
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 […]

