June 29, 2017/AfDB The African Development Bank’s Board of Directors approved a US $3-million grant of the Bank’s Sustainable Energy Fund for Africa (SEFA) for Phase 2 of the Green Mini-Grid Market Development Programme (GMG MDP). Implemented by the Bank-hosted SEforALL Africa Hub, the GMG MDP’s objective is to support […]
Updates
Unilever Nigeria Plc Rights Issue: Dilution to Take Centre Stage
Culled—Proshare June 29, 2017/ARM Research Yesterday, Unilever gained shareholders’ approval to raise N63 billion through the issuance of ordinary shares on such conditions and time the directors may deem fit. The rights approval was obtained after company’s shareholders assented to the creation of additional shares of 3.95 billion (current: 3.8 […]
Nigeria’s First Diaspora Bond Starts Trading On London Stock Exchange
Culled—Proshare June 29, 2017/By Brian Noble for Oilprice.com Highlight Nigeria raises $300 million through first Diaspora Bond Retail bond aimed at Nigeria’s global expatriate community seeking to invest in the country’s development Offer 130% subscribed demonstrating confidence in Nigeria’s economy First bond of its kind from sub-Saharan Africa London Stock […]
