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N840 million Rights Issue: Vono Products earmarks 50% on Loan repayment

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Vono Products Plc Wednesday said it will utilise 50 percent (50%) about N402 million of the proposed N840 million Rights Issue proceeds on Loan repayment. Titiola Bakare, Managing Director (MD) of Vono Products said this at the Company’s “Facts Behind the Figures” at the Nigerian […]

Gbenga Agbana CAMCAN President dies

Lagos (INVESTADVOCATE) – Gbenga Agbana, Deputy Business Editor National Mirror Newspapers and the President of Capital Market Correspondents Association of Nigerian (CAMCAN) has passed on. It was a rude shock to the Nigerian Capital Market Community as the news filtered in on the passing away of Agbana. He worked with […]

Neimeth’s N1.2bn Rights Issue recorded 60% success — Orjiako

Neimeth International Pharmaceutical Plc has announced a record of over 60 per cent success in its recent Rights Issue. The company had, late last year, sought to raise fresh capital of about N1.2bn by floating a Rights Issue of 821.57 million ordinary shares of 50 kobo each at N1.50 per […]