Shareholders of Zenith Bank Plc have urged the incoming Managing Director of the bank, Mr. Peter Amangbo, to do all in his capacity to ensure that the bank remains a top financial institution in the country and beyond. The shareholders, who said this in Lagos on Wednesday at the company’s […]
Capital Market
Nigeria’s Diamond Bank to raise $750 mln fresh capital
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 […]
SEPLAT sets minimum orders of N60m, N18m for $500m IPO
•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 […]

