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 […]

Unity Bank’s N19.22b rights issue opens

Unity Bank Plc at the weekend opened application list for a rights issue of 38.447 billion ordinary shares, starting the first part of a two-part new capital issue that is expected to inject more than N39 billion into the bank. The opening of application list followed approvals of the Securities […]