By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Thursday unveiled a minimum capital requirement of N5.0 billion for the Mortgage Refinance Company (MRC). The CBN iin its regulatory and supervisory framework for the operations of an MRC said the procedures and criteria to be used in granting […]
Tag: N5 billion
Oando to Increase Share Capital to N7.5 billion
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing company, Oando Plc Wednesday announced it will increase its authorised share capital from N5.0 billion to N7.5 billion in the company’s forthcoming extra-ordinary general meeting (EGM) scheduled for February 18, 2014. The company in a Statement to the Nigerian Stock Exchange (NSE) and […]
