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JulGuaranty Trust Holding Company Plc (GTCO) has unveiled ambitious plans to raise N400 billion through a public offering on the Nigerian Exchange Limited (NGX). This initiative involves issuing nine (9) billion ordinary shares of 50 kobo each at an offer price of N44.50 per share for a period of 21days. This is aimed at enhancing its capital […]
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JunFidelity Bank Plc has embarked on a significant capital-raising initiative amounting to N127.1 billion through a combined rights and public offer. This move has garnered enthusiastic support from stakeholders across the financial markets, underscoring the bank’s robust growth trajectory and investor-friendly reputation. The offering includes a rights issue of 3.2 billion ordinary shares priced at N9.25 per[…]
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MayDangote Refinery, Nigeria’s crown jewel in the energy sector, is revving up for a groundbreaking move. A dual listing on both the London and Lagos stock exchanges. This ambitious decision, as a senior executive reveals, underscores the grand vision of Africa’s wealthiest individual, Aliko Dangote, who spearheaded the refinery’s creation. In a recent interview, Dangote hinted at[…]
