Nigeria’s Oando plans to seek shareholder approval to raise up to 250 billion naira ($1.5 bln) via debt or equity, the energy company said on Tuesday. Oando plans to hold the shareholder meeting on Feb. 18, it said in a statement, adding that 50 billion naira of the amount will […]
Capital Market
UBA lifts Power Sector Privatization with US$700 million funding
United Bank for Africa Plc (UBA) has extended US$700 million (N113 billion) in funding to different investors towards the acquisition of power assets in Nigeria’s recently privatized power sector. Phillips Oduoza, Group Managing Director and Chief Executive Officer (GMD/CEO), UBA Plc, said this while speaking on the sidelines of the […]
Nigeria’s Exchange Emphasizes Corporate Identity
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange (NSE) Tuesday emphasized on its corporate identity; saying it has evolved considerably over time. The NSE said this reacting to the continuous use of the outdated logosacross some Print, Broadcast and Online platforms and would like the correct one […]
