Malaysia-based International Islamic Liquidity Management Corp (IILM) has re-issued a $490 million Islamic bond, according to a media release on Thursday. The three-month sukuk was priced at 0.52 percent. It was auctioned to eight primary dealers, with KBL Private Bankers not participating as it did in IILM’s previous auctions. IILM […]

* Chevron lost battle over jurisdiction with Brittania-U * Seplat’s $500 mln IPO in Lagos, London to fund purchases (Adds quotes, share price and details)   Seplat is confident it will win a dispute over the purchase of a Chevron asset, the Nigerian oil and gas firm’s chief executive said […]

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 […]