Seven Energy International Limited and its wholly-owned subsidiary, Accugas Limited, has closed a $170m 5.5-year medium-term acquisition finance facility with FBN Bank (United Kingdom) Limited and Ecobank Nigeria Limited. A statement by the bank said FBN Capital Limited acted as the structuring bank, sole initial mandated lead arranger, financial modelling […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-One of Nigeria’s largest conglomerates, Transnational Corporation of Nigeria Plc (Transcorp) Monday announced the resignation of Alhaji Mohammed Nasir Umar from its Board. In a notice to the Nigerian stock exchange (NSE) Transcorp said that sequel to its board of directors’ (BODs) meeting held on […]

Stanbic IBTC Stockbrokers Limited led the top 10 stockbroking on the Nigerian bourse for the first quarter ended March 31, 2014.  While the top 10 broking firms accounted for 61.2 per cent of the value of transactions in Q1, Stanbic IBTC dominated with 16 per cent or N87.371 billion. Rencap […]