Oando Plc raised N55.2bn in its recently concluded rights issue. A statement from Oando on Monday noted that the company recorded an over subscription as it had issued 4.548 billion shares to existing shareholders at N12 per share between December 2012 and February 2013 with the intention of raising N54.6bn. […]
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UBA Capital’s Q1 profit rises to N617bn
UBA Capital Plc has reported a profit before tax of N617bn for the first quarter ended March 31, 2013. The company’s profit, which stood at N198bn in March 2012, rose by N419bn or 211 per cent to N617bn in the period under consideration. Its result released to the Nigerian Stock […]
SEC Inaugurates Administrative Proceedings Committee
Conflict is a natural part of human relations particularly transactional/commercial relationships Agreements are sometimes breached, trust broken and rules and laws violated. Where there are no credible mechanisms to deal with violations and other grievances, participants will lose confidence in the system which may have unintended consequences on a country […]
