Access Bank Plc (ACCESS), a Nigerian lender with operations in eight other nations, received shareholder approval to raise $1 billion of capital to finance loans for energy and power projects. The capital may comprise both debt and equity funding, Chief Executive Officer Herbert Wigwe told reporters in Lagos today. He […]
Capital Market
NSE Set for First Ever Corporate Challenge
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) Tuesday said its set to hold its first ever corporate challenge. According to a statement made available to InvestAdvocate by Dante Ibidapo Martins, seniour manager, corporate communication at the Nigeria’s Exchange said the NSE in partnership with key publicly quoted […]
SEC cancels ‘black market’ for shares, bonds
Securities and Exchange Commission (SEC) has concluded arrangements to proscribe underhand trading in the shares of unlisted public limited liability companies (Plcs). Anyone or institution that henceforth facilitates or engages in underhand trading on securities of unlisted public limited liability company shall be liable to monetary fine and sanction by SEC, […]

