Tue Apr 5, 2016/Reuters Nigerian conglomerate UAC group has suspended a planned rights issue due to a weak equity market and shareholders had rejected a proposal to issue preference shares via a private placement, Chief Executive Larry Ettah said on Tuesday. Ettah said the capital raising would happen at subsidiary […]
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Access Bank Seeks Approval to Raise N100 Billion Fresh Capital
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Access Bank Plc said on Monday its seeking approval this month from shareholders of the Bank to raise up to N100 billion ($505 million) fresh capital, according to a Reuters report. The report says Access Bank may raise the fund through a public […]
NSE, LSEG Dual Listings Conference Holds April 12
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) and London Stock Exchange Group (LSEG) on Monday announced they will both host the second dual listing conference on April 12, 2016. Both Exchanges said the conference is in line with its commitment to provide quoted companies global visibility and access to […]
