Culled—Proshare November 24, 2017/FBNQuest Research Increase to earnings estimates Unilever Nigeria successfully raised N58.9bn via a rights issue in September, adding 1.96bn shares to the existing 3.78bn shares. Management disclosed that the funds will be used to repay intercompany loans, support working capital and for capacity expansion. Between 2014 and […]
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Lafarge Prices Rights Issue at N42.50 Per Share
November 25, 2017/NSE Dealing Members are hereby notified that the Rights Issue of Lafarge Africa Plc of 3,097,653,023 ordinary shares of 50 Kobo each at the offer price of N42.50 per share on the basis of five (5) new ordinary shares for every nine (9) ordinary shares held as at […]
Nigerian Stocks Gain 1.80% to Close Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange al-share index (NSE ASI) and market capitalisation appreciated by 1.80 percent and 1.84 percent to close the week at 37,365.91 and N13.009 trillion respectively. “Similarly, all other indices finished higher during the week with the exception of the NSE Oil/Gas Index […]
