TAJ Bank has obtained regulatory approval to list its N10 billion Sukuk on the Nigerian Exchange (NGX). TAJ Bank had under the first tranche of its N100 billion Sukuk issuance programme, launched a N10 billion capital raising through its special purpose vehicle- Taj Sukuk Issuance Programme SPV Plc. The company offered series 1 Mudarabah Sukuk at N1,000 […]
Omatek Ventures Plc at its recent Annual General Meeting have got approval to raise capital by allotting the unissued 4, 058, 210, 528 Ordinary Shares. According to the notice available on the website of the Nigerian Exchange, the Directors has been authorized to raise capital by allotting the unissued 4, 058, 210, 528 Ordinary Shares through such[…]
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NovThe stock market last week continued its southward journey as the All Share Index and the Market Capitalisation declined by 0.68% to close at 43,968.75 points and N23.949 trillion respectively. In a chat with Mr Gilbert Ayoola, the capital market expert shed light on the current market mood, market possibilities and stocks to watch. Excerpts: • The market[…]
