By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Oasis Insurance Plc on Tuesday said it’s wooing interested investors to accept offers for its takeover bid. The insurance firm said in a notice to the Nigerian stock exchange (NSE) that shareholders of Oasis Insurance ordinary shares in certified form whose names appears on the register […]
Capital Market
Ex-Credit Suisse Infrastructure Bankers Said to Seek Debt Fund
Global Infrastructure Partners, the private-equity firm run by former Credit Suisse First Boston investment banking head Adebayo Ogunlesi, is seeking $2.5 billion for debt investments as new regulations make it more costly for banks to lend to projects such as windfarms and airports. Steve Cheng and Reiner Boehning, previously heads […]
FCMB to Raise $300m for Consumer Lending
First City Monument Bank Group Plc (FCMB) said it plans to raise about $300 million of funding this year to boost consumer lending. FCMB, based in the commercial capital, Lagos, may consider issuing Eurobonds if market conditions are favorable, the bank’s Chief Executive Officer, Mr. Ladi Balogun informed Bloomberg. “Our […]
