Neimeth International Pharmaceuticals Plc is set to float a rights issue of N3.67bn through the Nigerian capital market. The rights issue would be used to raise N3,679,618,625 at the cost of N1.55k per 50 Kobo share. Neimeth stated that its shareholders had in March, 2022 at the 63rd annual general meeting, approved the creation of 2,373,947,500 additional […]
International Energy Insurance Plc on Tuesday declared a loss after tax of N611 million for the year ended 31 December 2020. This represents 321.87% decline when compared to the profit after tax of N275.389 million declared in FY 2019. The underwriting firm reported a turnover of N564.56 million for the 12 months period, up by 7.34% from[…]
Chellarams Plc on Tuesday published its Audited Financial Statement for the year ended 31 March 2022. A turnover of N3.054 billion was reported for the 12 months period, up by 120.10% from N1.387 billion reported the previous year. The Company declared profit after tax of N465 million for the period under review, up by 112% as against[…]