By Kingsley Ogunwa InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s Securities and Exchange Commission (SEC) on Wednesday said 2.2 million Nigerian investors have mandated their accounts for the e-dividend payment. Mounir Gwarzo, the director general (DG), of THE Commission revealed this to financial market journalists at a press briefing after the end […]
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DMO offers Higher Interest Rates for the 2-Year & 3-Year FGN Savings Bond at 13.189% and 14.189%
Culled—Proshare May 9, 2017/Afrinvest Research The Debt Management Office (DMO) on behalf of the Federal Government of Nigeria offers for subscription the 2-Year and 3-Year FGN Savings Bond due April 12, 2019 and 2020 at 13.189% and 14.189% respectively. The May 2017 offer opens today Monday, 8th May 2017 and will close […]
Lafarge Africa Plc Opts for Rights Issue amidst debt restructuring
Culled—Proshare May 9, 2017/Vetiva Research Proposes ₦140 billion capital raise via Rights Issue Details on timing and price are yet to be communicated Issue targeted at managing quasi-equity instrument Earnings dilution on the brink albeit with some benefits Valuation maintained pending further details Proposes capital raising of ₦140 billion via […]
