Tag: Allotment

Sterling Bank Plc Rights Issue Records 103% Subcription Rate

Press Release Lagos, January 20, 2014 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STERLNB.LG) –the ‘Bank’ – a full service National Commercial Bank concludes its rights issue with 103.3% subscription. The rights issue of 5,888,949,162 ordinary shares of 50 kobo each offered at N2.12 per share opened on June 24, […]

Private Placement: Starcomms Chairman detained by EFCC, Released

By InvestAdvocate Lagos (INVESTADVOCATE) – Maan Lababidi, the Chairman of Starcomms Plc was detained Tuesday by officials of the Economic & Financial Crime Commission (EFCC) in its Lagos office and was released earlier today, www.investadvocateng.com can authoritatively Report. The detention is coming on the heels of petitions by top Nigerian […]