Tag: share capital

Capital Reduction: Cadbury Nigeria Board Insist Shares Remain on Full Suspension

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The board of directors of beverage makers, Cadbury Nigeria Plc Friday said it’s insisting that trading in shares of the company remain on full suspension at the Nigerian bourse until a certificate of decrease in share capital has been issued. The company in a notice […]

Unity Bank to Raise Share Capital to N40bn

Shareholders of Unity Bank Plc  Wednesday approved the move by the bank to increase its authorised share capital to N40 billion from the current N30 billion. The additional N10 billion share capital translates into 20 billion ordinary shares of 50 kobo per unit of share. Speaking in Abuja at its […]

Mansard Insurance Acquires 100% Stake in HMO

By InvestAdvocate Lagos (INVESTADVOCATE)-Mansard Insurance Plc (“Mansard”) Thursday announced it has recently acquired the entire issued share capital of a Health Management Organisation known as Procare Health Plan Nigeria Limited and intends to run and operate same as its subsidiary in the Health Maintenance Industry. According to the notice from […]