Investors Bite

Ellah Lakes Shareholders Approve Share Capital Increase to N1.5 Billion

August 7, 2019/NSE Ellah Lakes Plc (“ELP”) announced today that it had received approval of its shareholders at an extra-ordinary general meeting to increase its authorised share capital from N1,000,000,000 to N1,500,000,000 by the creation and addition of 1,000,000,000 ordinary shares of 0.50 Kobo each, such new shares to rank […]

FMDQ Transits to Full-Fledged Securities Exchange

August 7, 2019/FMDQ We are pleased to inform you of our Company’s transition from an OTC Market to a full-fledged Securities Exchange, having received the necessary approvals from the apex regulator of the Nigerian capital market, the Securities and Exchange Commission (SEC or the Commission). Consequently, the erstwhile FMDQ OTC […]

Access Bank to Issue N30 Billion Tier 2 Bond

August 7, 2019/NSE The Board of Access Bank Plc has concluded the process for the issuance of a N30bn Tier 2 Bond due 2026.  The Central Bank of Nigeria’s No Objection to the Board Issuance as well as Securities & Exchange Commission’s approval have been obtained  Access Bank will undertake […]