Capital Market

Oando Shareholders Approves 250 billion Naira Fresh Capital Raising

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Shareholders of Oil marketer Oando Plc Tuesday approved a 250 billion naira fresh capital raising by the company following an extraordinary general meeting (EGM). The 250 billion naira fresh capital will be raised through a combination of rights issue, global depository receipts and bonds […]

Honeywell Appoints New Managing Director, EDs

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Conglomerate Honeywell Flour Mills Plc Tuesday said it has appointed a new managing director to oversee the affairs of the company. The company in a notice to the Nigerian stock exchange and made available to InvdestAdvocate said Folaranmi Babatunde Odunayo, its chief executive officer (CEO), […]

APC Engages Obama’s Consultants to Boost Electoral Chances

The All Progressives Congress (APC) has announced the engagement of prominent international political consultants, AKPD Message and Media to boost its electoral chances in the upcoming elections. In a statement issued in Lagos on Tuesday by its Interim National Publicity Secretary, Alhaji Lai Mohammed, the party said the Chicago, U.S.-based firm is […]