The Managing Director/Chief Executive Officer of Enterprise Bank Limited, Mallam Ahmed Kuru, has expressed support for the planned divestment of the Asset Management Corporation of Nigeria’s shareholding from the bank. He also affirmed the appointment of the Citigroup and Vetiva Capital Management Limited by AMCON as the financial advisers in […]
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Berger Paints’ N543m rights issue opens
Berger Paints Plc has begun its rights issue offer to raise N543m from its existing shareholders. The company, in a statement on Wednesday, announced that it was offering 72.5 million ordinary shares of 50k each at N7.50 per share to its existing shareholders across the country following the completion board […]
Flour Mills records N8.7bn profit after tax
Flour Mills of Nigeria Plc has announced a profit after tax of N8.7bn in its results for the financial year ended March 31, 2012. The results made available to our correspondent on Tuesday showed that the company’s profit increased by 6.6 per cent compared to the figures obtained the previous […]
