13

Jul

Neimeth Pharmaceuticals to raise N3.68bn via rights issue

Neimeth International Pharmaceuticals Plc is set to float a rights issue of N3.67bn through the Nigerian capital market. The rights issue which would take place in August 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, […]

13

Jul

‘NGX remains preferred listing platform for capital raising’- Stakeholders

Capital market stakeholders have commended NGX for providing a vibrant listing platform for government and corporates to meet their business objectives. This was stated during the NGX CEO Roundtable held on Thursday, 7 July 2022. The event, themed, “Creating the Enabling Ecosystem for Accessing Capital from the Nigerian Capital Markets” brought together key stakeholders in the capital market[…]