THE board of Consolidated Breweries Plc, has secured the approval of all stakeholders to float a total of 99,140,625 ordinary shares of 50 kobo each. At the end of a completion board meeting held on Tuesday in Lagos, the company explained that the Rights Issue had already been approved by […]

The shareholders of Nigerian-German Chemical (NGC) Plc,  have approved the proposal by the board of the company to raise N4 billion fresh capital.  The Chairman of the company, Mr. Babatunde Savage, who disclosed this during the company’s yearly general meeting in Lagos, said NGC has also secured additional funds from […]

Nigeria issued 64.10 billion naira ($394 million)worth of 10-year sovereign bonds with different maturity dates on Wednesday at yields lower than its previous auction, the Debt Management Office said on Thursday.  The debt office said it auctioned 34.10 billion naira in the 10-year bond due to mature in 2018 and […]