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 […]
Transactions on the floor of the Nigerian stock market on Tuesday closed flat, following previous sessions of unclear market direction as the All Share Index closed at 49,627.72 points from the previous close of 49,625.71 points, indicating no significant change. The Market Capitalisation added just 1 billion to close at N26.768 trillion from the previous close of[…]
Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that the Company has scheduled an Extra-ordinary General meeting to finalise discussions regarding the issue the 3,037,414,308 unissued Ordinary Shares of 50 kobo each in the share capital of the Company by way of Private Placement. In a notice signed by the Company Secretary, an[…]