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 […]
Capital Market
$50 million Private Placement: Oando Holds EGM to Seek Shareholders Approval
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 […]
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 […]
