In a bid to boost its operations and achieve greater returns for its shareholders, Champion Breweries Plc is finalising plans to raise a fresh capital, the company has said. To raise the funds approved by its shareholders at its 38th Annual General Meeting which was held in Lagos, the company […]
Capital Market
CSCS Joins list of Securities Admitted to trade
Following on the back of the successful registration of the shares of Central Securities Clearing System (“CSCS”) with the Securities and Exchange Commission, Greenwich Securities Limited filed to admit the ordinary shares of the company to trade. The 5 billion ordinary shares of CSCS denominated at ?1:00 per share will […]
Nigeria’s Diamond Bank seeks approval for up to $400 mln rights issue
Nigeria’s Diamond Bank is seeking regulatory approval to raise between $300 million and $400 million via a rights issue from existing shareholders, its chief finance officer said on Wednesday. “We are in the process of filing with the relevant regulatory authorities for a rights issue … which we expect to […]

