24/5/2017/NSE The Notice of the 2017 Annual General Meeting of UAC of Nigeria PLC includes the Directors’ proposal for Shareholders to approve a Rights Issue of N15 4 billion. BACKGROUND A capital raising proposal of N20 billion consisting of N15 billion Private Placement and N5 billion Rights Issue was considered […]
Updates
FIDSON Q1 -2017 – Resurgence or More of The Same?
Culled—Proshare Tuesday, May 23, 2017, 11:23 AM /GTI Research Fidson healthcare PLC, a leading pharmaceutical manufacturing firm in Nigeria released its first quarter (Q1) result on April 28th, 2017. The firm’s revenue grew by 181% from ₦1.2billion ($3.3million) in Q1 2016 to ₦3.4billion ($9.4billion) in Q1 2017. Cost of sales […]
AfDB agri-business funding lays strong foundation for transforming African agriculture
23/5/2017/AfDB The African Development Bank (AfDB) has provided a roadmap to the growth of agriculture in African countries with a plan to inject nearly US $2.4 billion every year for 10 years to build roads, irrigation infrastructure and storage facilities within Africa to attract high-value investors. AfDB President Akinwumi Adesina […]
