By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Thursday said it will set a N5.0 billion minimum Capital requirement for Mortgage Banks. This is contained in CBN’s Circular affirming it has approved an exposure draft of the regulatory and supervisory framework for the operations of a mortgage […]
Tag: Board of Directors
Rights Issue: TRANSCORP to Increase Share Capital to N22.55 billion
By Our Correspondent Lagos (INVESTADVOCATE)- Transnational Corporation of Nigeria (TRANCORP) Monday said it intends to increase its Authorised Share Capital from N18 billion to N22.55 billion Ordinary Shares of 50 Kobo each through a Rights Issue. This is contained in a Notice from the Company to the Nigerian Stock Exchange […]
