Nigeria’s Diamond Bank said on Wednesday it will seek shareholders’ approval to raise additional capital up to $750 million or its naira equivalent at its general meeting on April 24. In a notice to shareholders, the bank said a portion of the fresh capital will come from a rights issue […]

•Eyes N330b capitalisation, N700 share price SEPLAT Petroleum Development Company Plc, an indigenous independent oil and gas company, has set a minimum order of between N18 million and N60 million for high networth individual and institutional investors as the upstream oil firm commenced the institutional book building for its global […]

Goldman Sachs Group Inc. (GS) is seeking a buyer for its New York Stock Exchange designated market-making business acquired through its 2000 purchase of Spear, Leeds & Kellogg, a person briefed on the matter said. The bank is in the early stages of the process and has held talks with […]