Tag: Lagos

Berger Paints raises N543m via rights issue

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 […]

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 […]