By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oando Plc whose subsidiary Oando Energy Resources Inc (OER) is seeking to raise $50 million via private placement will today Tuesday hold an extraordinary general to get shareholders approval. Late January 2014 Oando announced that OER intends to do a $50 million private placement to […]
Capital Market
NSE faults proposed exemption of AMCON from ISA
The Nigerian Stock Exchange has expressed concerns about a section of the Asset Management Corporation of Nigeria’s Act, 2010 (Amendment) Bill, 2014, which it says exempts AMCON from being regulated by the Investment Securities Act. The NSE made its position known in a memorandum (dated February 14, 2014) to the […]
Dangote Flour: Tiger Brand’s 3.2 Billion Naira Takeover Bid Closes Feb’28
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc Monday announced that the takeover bid by Tiger Brands Limited worth 3.2 billion naira of the company will end February 28, 2014. Dangote Flour in a notice to the Nigerian stock exchange said the takeover bid by Tiger Brands of up […]
