By Kingsley Ogunwa InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Oando Plc said on Thursday it plans to raise N40 billion fresh capital to boost its operations, according to Wale Tinubu, group CEO of the company at the “Facts behind the Figures” presentation at the Nigerian Stock Exchange (NSE). Tinubu said the […]
Investors Bite
ZENITHBANK Notifies on the Proposed Revalidation to Its $1bn Global Medium Term Note Programme
May 11, 2017/NSE Zenith Bank Plc (the “Bank”) established a US$1,000,000,000 Global Medium Term Note Programme (the “Programme”), in 2014 and had subsequently raised US$500,000,000 under the first tranche of Notes issued under the Programme (the “First Tranche Notes”). The Bank now intends to revalidate/update the Programme and raise up […]
SEC Says Investors with Multiple Names to Forfeit Shares, Dividends
By Kingsley Ogunwa InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) said on Wednesday shareholders who buy shares and registered with multiple names will forfeit ownership of such holdings. Mounir Gwarzo, the director general (DG), of the Commission revealed this to financial market journalists at a press briefing after the […]
