Oando Energy Resources Inc (OER) – a subsidiary of Oando Plc – a company focused on oil and gas exploration and production in Nigeria, has announced that it intends to complete a private placement to raise the sum of US$50,000,000. In addition, in connection with the Offering, OER intends to […]
Tag: Private Placement
Afrinvest To Trade IGI, Geo-Fluids Shares On NASD-OTC
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Afrinvest Securities Limited said Monday it will commence trading on the shares of Industrial and General Insurance Plc (IGI), Geo-Fluids and four (4) other unlisted companies through the National Association of Securities Dealers Plc (NASD) Over-the-Counter (OTC) trading platform. Afrinvest said in a notice made […]
Shareholders endorse Skye Bank’s plan to raise N50bn
Shareholders of Skye Bank Plc have endorsed the plan by the bank to raise additional capital of up to N50bn. A statement by the bank explained that the shareholders gave the approval on Wednesday during the bank’s seventh Annual General Meeting in Lagos. They also approved the bank’s plan to […]
