By JOHN ELIGON Published: August 23, 2011 The coda to one of New York’s most gripping and erratic criminal dramas lasted all of 12 minutes. A prosecutor spoke first, quickly summarizing what had been obvious for weeks: the Manhattan district attorney’s office had little confidence in its case, and […]
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Flour Mills to raise N28 billion fresh funds through Rights Issue
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Flour Mills of Nigeria Plc has proposed to raise fresh funds of N28 billion through Rights Issue. Emmanuel Ukpabi, Group Managing Director (GMD) of the Company disclosed this at the “Facts behind the Figures†Tuesday on the Floor of the Nigerian Stock Exchange (NSE) in […]
Recapitalisation: Union Bank await Regulators to commence Rights Issue
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) is awaiting Regulatory approval to commence its proposed Rights Issue as one of the ways the Bank has mapped out to raise funds in order to meet up with the September 30 2011 deadline issued by the Central Bank […]

