The Managing Director, May & Baker Nigeria Plc, Mr. Nnamdi Okafor, says the company needs new equity funds and is considering the option of raising the funds. According to a statement on Monday, the funds will be used to support the company’s plan for long-term growth and reduce the high […]
Capital Market
FMDQ OTC’s dealing members to get licences
FMDQ OTC Plc has said it will, in collaboration with the Financial Markets Dealers Association, present licences to the first batch of its dealing members on Wednesday. The firm said in a statement made available to our correspondent on Monday that the dealing members comprised banks and discount houses operational […]
Caverton lists at Record High N9.50, Six Years after Private Placement
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Oil services firm, Caverton Offshore Support Group will today (Tuesday) list its shares by introduction at a record high N9.50 kobo per share six (6) years after it sought to raise N16 billion via a private placement. Caverton will list 3.35 billion shares on the […]
