August 1, 2016/Reuters By Chijioke Ohuocha Nigeria’s Wema Bank, which aims to expand its branch network this year, plans to issue 20 billion naira ($63 million) in bonds this month, its chief finance officer said on Monday. The bank is issuing local currency bonds after scrapping plans last year to […]
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Cordros Opens N1.0 Billion Money Market Fund IPO
By Peter OBIORA InvestAdvocate New York (INVESTADVOCATE)- Cordros Asset Management Limited, the Asset Management subsidiary of Cordros Capital Limited on Monday said it has opened a N1.0 billion Money Market Fund Initial Public Offering (IPO) by way of subscription. Cordros said this is coming on the heels of the approval […]
SABMiller backs AB InBev offer for biggest-ever consumer takeover
29/7/2016/Reuters By Martinne Geller and Philip Blenkinsop The board of brewer SABMiller (SAB.L) will recommend its shareholders approve a sweetened takeover offer by Anheuser-Busch InBev (ABI.BR), the company said on Friday, capping a week of high drama about the fate of the consumer industry’s biggest-ever merger. The deal, worth 79 […]
