Several companies listed on the Nigerian Stock Exchange are failing to meet the bourse’s deadline for filing their financials, it has been gathered. Earlier this year, The PUNCH had reported that in the first three quarters of 2013, not up to 60 per cent of quoted companies submitted their results […]

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 […]

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 […]