August 24, 2017/Cordros Capital Guinness Nigeria Plc’s (GUINNESS) Rights Issue, opened on 24 July, 2017, will close on Wednesday, 30 August 2017. The Rights Issue is being undertaken to enable GUINNESS optimize its capital structure by repaying its various outstanding loan obligations, thereby reducing financing costs. Details of the Rights: […]
Investors Bite
Unilever Nigeria N58.9 Billion Rights Issue closes on 08 September 2017
August 24, 2017/Cordros Research Unilever Nigeria Plc’s (UNILEVER) Rights Issue, opened on 31 July, 2017, will close on Friday, 08 September 2017. The Rights Issue is being undertaken to enable UNILEVER repay its various outstanding loan obligations and to support working capital. Details of the Rights: Being Issued – […]
Access Bank Plc H1 2017 Result Summary
August 24, 2017/Cowry Asset Research Access Bank Plc yesterday released its audited half-year June 2017 results; Gross Earnings grew year-on-year by 41.70% to N246.58bn – mainly driven by 59.02bn income from foreign exchange trading and a 44.18% year-on-year increase in Interest income to N161.90bn. Profit before tax also expanded to […]
