Culled—Proshare May 9, 2017/Afrinvest Research The Debt Management Office (DMO) on behalf of the Federal Government of Nigeria offers for subscription the 2-Year and 3-Year FGN Savings Bond due April 12, 2019 and 2020 at 13.189% and 14.189% respectively. The May 2017 offer opens today Monday, 8th May 2017 and will close […]
Updates
Lafarge Africa Plc Opts for Rights Issue amidst debt restructuring
Culled—Proshare May 9, 2017/Vetiva Research Proposes ₦140 billion capital raise via Rights Issue Details on timing and price are yet to be communicated Issue targeted at managing quasi-equity instrument Earnings dilution on the brink albeit with some benefits Valuation maintained pending further details Proposes capital raising of ₦140 billion via […]
Heritage Bank, Triton Aqua N2bn facility to boost job creation, capacity to 15, 000 tonnes
May 9, 2017/Heritage Bank Ltd The N2billion long-term facility Heritage Bank Plc and Central Bank of Nigeria gave to Triton Aqua Africa Limited (TAAL), under the Commercial Agriculture Credit Scheme (CACS), has continued to boost job creation. The Managing Director of Heritage Bank Plc, Ifie Sekibo, who disclosed this at the […]
