Oando Plc says it plans to raise N30.7bn through a special placement exercise. The energy company, which is listed on the Nigerian Stock Exchange and the Johannesburg Stock Exchange, said this in a statement made available to our correspondent on Tuesday. According to the statement, the company got the approval […]
Tag: Special Placement
UPDATE 1-Nigeria’s Wema Bank to raise 35 bln naira by end-April
* Wema to become national lender again * Bank was one of nine that nearly collapsed during a crisis (Adds details, background) (Reuters) – Nigerian regional lender Wema Bank said on Thursday it will complete a 35 billion naira ($220 mln) private share placement to strategic investors by the end […]

