Zenith Bank Plc has recorded 200 per cent over-subscription of its $500m Eurobond issue. The $500m Eurobond is under a $1bn Global Medium Term Note programme announced by the bank on April 1, 2014. The bank’s weeklong investors’ roadshow, coordinated by Goldman Sachs and Citibank, received an overwhelming endorsement by […]
Capital Market
FCMB Appoints Two New Directors
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-FCMB Group Monday announced it has appointed Oluwatoyin Ashiru and Gregory Ero as non-executive directors of the bank with effect from December 23, 2013. Ashiru is a graduate of the University of Sussex, Brighton, UK where he obtained a B.Sc in Materials Science and […]
NSE approves for SEPLAT to list at N576 per share
The Council of the Nigerian Stock Exchange (NSE) has approved a listing price of N576 per share for Seplat Petroleum Development Company Plc, thus making it the highest priced equity in the oil and gas sector. Seplat will become the second highest priced equity on the exchange, behind Nestle Nigeria […]
