06
OctSeplat Energy refinances its revolving credit facility
Seplat Energy Plc a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange has announced that it has successfully refinanced its existing US$350million revolving credit facility due December 2023 with a new three-year US$350million revolving credit facility due June 2025. The RCF […]
06
OctBerger Paints appoints Alaba Fagun as Managing Director
Berger Paints Nigeria Plc has notified the Nigerian Exchange Limited and the investing public, that its Board has approved the appointment of Mrs. Alaba Fagun as the Company’s Managing Director. She replaces Mr. Adeyemi Adetomiwa who had served in an acting capacity since January 4, 2022. Mrs. Fagun brings on[…]
06
OctGeregu Power gains 10% on listing day, market returns -0.09%
The Nigerian stock market on Wednesday closed on a negative note as the All Share Index declined by 0.09%, closing at 48,836.70 points from the previous close of 48,879.74 points. Year-to-date, the market has returned 14.33% The Market Capitalisation grew by N227 billion, closing at N26.6 trillion from the previous close[…]
06
OctFidelity Bank gets approval to issue 3.04bn ordinary shares by private placement
Fidelity Bank Plc has got the approval of its shareholders to issue its unissued ordinary shares by way of the private placement. This was approved at the Bank’s Extra-Ordinary General Meeting on Thursday, September 29, 2022. The Board of Directors of the Company has been authorised to issue, by way of[…]
