The management of Berger Paints Nigeria Plc has finalised arrangements to raise N543.43m from its shareholders in a bid to modernise its manufacturing operations. To achieve this, the company is offering 72.5 million ordinary issues of 50k per share at N7.50 to its existing shareholders. According to the Chairman, Berger […]
Tag: InvestAdvocate
Heirs Holdings & LSDPC to Redevelop Falomo Shopping Complex into a World Class Mall
Elumelu’s Heirs Holdings, the pan African investment company yesterday signed an agreement with the Lagos State Development Property Corporation (LSDPC), for the redevelopment of the iconic Falomo Shopping Mall located in Ikoyi, Lagos State. The mall will be redeveloped into a shopping mall an office complex and world class residential […]
X-Compliance Report: NSE Fines Sterling, First Bank N3.42 million
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) has fined Sterling Bank Plc and First Bank of Nigeria Plc (FBN) a total of N3,423,000 million for breaching the provisions of its listing rules. The NSE in its X-Compliance Report dated August 02, 2013 said Sterling Bank was […]
