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Geregu Power has announced that it will be listing 2.5 billion ordinary shares of 50 kobo each at a share price of N100 per share on the Nigerian Exchange. Geregu Power will be the first electricity company- generation, transmission, or distribution that will be listed on the Exchange in Nigeria’s history. The listing will be official on October 5, 2022. Source: […]

Nigerian Exchange Group Plc held its Annual General Meeting over the weekend. Shareholders reviewed the performance of the company after its demutualisation and restated commitment to support the ongoing transition of the group. The Nigerian Stock Exchange (NSE) in March, last year converted to a profit-making public limited liability company and changed its structure to a holding[…]

Capital Hotels Plc has notified its Shareholders and other Stakeholders that 22 Hospitality Ltd has successfully acquired 1,611,995,510 Ordinary Shares of 50 kobo each representing 51% of the equity share capital of the Company through Private Placement. All the required regulatory approvals have been received for the transaction. In addition, 22 Hospitality Limited also bought 456,641,337, and[…]