The Managing Director/Chief Executive Officer of Enterprise Bank Limited, Mallam Ahmed Kuru, has expressed support for the planned divestment of the Asset Management Corporation of Nigeria’s shareholding from the bank. He also affirmed the appointment of the Citigroup and Vetiva Capital Management Limited by AMCON as the financial advisers in […]
Tag: InvestAdvocate
IFC wins approval for $1 billion Ghana local bond programme
The International Finance Corporation has secured approval to regularly issue local currency bonds in Ghana worth up to $1 billion to bolster the West African country’s domestic bond market, it said on Wednesday. IFC, the World Bank’s private sector arm, said Ghana’s Securities and Exchange Commission and the Ghana Stock […]
Berger Paints’ N543m rights issue opens
Berger Paints Plc has begun its rights issue offer to raise N543m from its existing shareholders. The company, in a statement on Wednesday, announced that it was offering 72.5 million ordinary shares of 50k each at N7.50 per share to its existing shareholders across the country following the completion board […]
