Seplat Petroleum Development Co. (SEPLAT), a Nigerian energy producer that raised about $500 million from investors last month, signed a natural gas supply deal with with Azura Power West Africa Ltd. as part of a plan to boost output of the fuel, Chief Executive Officer Austin Avuru said. Seplat, which […]
Capital Market
Unity Bank to raise N39bn to revive operations
Unity Bank Plc on Monday concluded plans to raise N39.224bn via rights issue and private placement in a bid to revamp its operations. The bank intends to raise about N19.224bn by offering, by way of rights to existing shareholders, 38.447 billion ordinary shares of 50 kobo each and 50 kobo […]
Lafarge Wapco Appoints Thierry Metro as Director
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Cement manufacturers, Lafarge Cement Wapco Nigeria Plc on Monday announced the appointment of Thierry Metro as director of the company. Lafarge Wapco said Metro was born on 30th October 1957 in Strasbourg, France; Mr. Thierry Metro had his French National Service between 1977 and 1979 at […]
