IHS Nigeria Plc (IHS), which owns and manages mobile-phone towers in three African countries, increased the price it’s offering shareholders as it plans to delist from the Lagos-based bourse. The company agreed to pay 4.35 naira a share at a meeting today in the Nigerian commercial capital, Chairman Bashir Ahmad […]
Tag: Shareholders
Shareholders seek more scrutiny of companies
Shareholders have called on capital market regulators to step up efforts aimed at ensuring that companies avoid corporate governance breaches and provide accurate financial information to investors. According to them, while there have been major improvements in the regulation of the capital market over the years, there are still issues […]
Sterling Bank Plc Rights Issue Records 103% Subcription Rate
Press Release Lagos, January 20, 2014 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STERLNB.LG) –the ‘Bank’ – a full service National Commercial Bank concludes its rights issue with 103.3% subscription. The rights issue of 5,888,949,162 ordinary shares of 50 kobo each offered at N2.12 per share opened on June 24, […]
