Culled—Proshare September 20, 2017/CardinalStone Research Please be informed that Union Bank of NigeriaPlc (UBN) is issuing 12.1 billion ordinary shares of 50 kobo each to existing shareholders at N4.10 per share to raise N50 billion in new equity funds as the first generation bank looks beyond its centenary. The rights […]
Investors Bite
Forte Says Proposed Equity Offering Put on Hold, Until Conclusion of Corporate Restructuring
September 20, 2017/NSE Forte Oil Plc (“Forte Oil” or “the Company”) wishes to notify the Nigerian Stock Exchange, investing public and its stakeholders that the Securities and Exchange Commission (SEC) has approved the Company’s proposed offering by way of Book Building. However, the Board of Forte Oil has taken a […]
NTB Auction Teaser
September 20, 2017/Cordros Research Treasury bills worth N140.89 billion will mature on Thursday, 21st September, 2017. This comprises N28.12 billion, N23.68 billion, and N89.08 billion of the 91-day, 182-day, and 364-day bills respectively. In customary fashion, the CBN will offer the same amount at the primary auction which will hold […]
