Capital Market

Japaul Oil CEO Plans to Raise $500 Million for African Expansion

Japaul Oil & Maritime Services Plc plans to raise $400 million to $500 million this year to allow the Nigerian company to expand its offshore business in Africa. Japaul is studying loans, bonds, stocks or a combination of all three to raise money after appointing a consulting firm a month […]

NSE Seeks Financial Advisers on Demutualisation

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) Monday said is seeking two (2) financial advisers (one International and one Nigerian) to undertake the assignment of advising it through the process of demutualisation. The NSE in a circular said it’s seeking invitation for Expressions of Interest (EOIs) for […]

Ecobank Set Up Committee to Seek New Board Members

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Ecobank Transnational Incorporated (ETI) Monday said it has set up a committee to seek new board members for the bank. A statement from the bank and made available to InvestAdvocate said Gervais Djondo and Philip Asiodu, two (2) former board chairmen of the pan-African lender […]