Transcorp Hotels Plc, a hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp Plc), has filed an application for an Initial Public Offering of 800,000,000 ordinary shares of 50 kobo each at N10.00 per share.
The 2013 Global Limited Partner Survey, entitled: Emerging Markets Private Equity Association, stated that as of 2013, one-third of African countries economies were growing at more than 6% annually, and that Africa's economic landscape was demonstrating economic stamina by emerging relatively unscathed from the financial crisis in comparison with most other regions. Further, Africa continued to grow rapidly despite concerns about slowing growth in other emerging markets, such as China and India. Thus, as of present, Africa accounts for many of the world's fastest-growing economies, driven by an expanding middle class, improved business environments and increasingly stable political democracies.
Access to fresh capital exclusively remains a critical part of a company’s strategy, as companies generally need to understand how best to fulfil this ambition and purpose in order to fit in and also achieve its corporate goals and objectives.
This is a direct update/response to the argument about SEPLAT and the lack of a profit forecast in its IPO documents. A few have argued that the new SEC rules does not make profit forecasts mandatory. It appears trite but before the market goes into appro
In July 2010, SEPLAT acquired a 45 per cent. participating interest in, and was appointed operator of, a portfolio of three on-shore producing oil and gas leases located in the Niger Delta (OMLs 4, 38 and 41), which include the Oben, Ovhor, Sapele, Okporh
Seplat Petroleum Development Company Limited (Seplat) is an indigenous exploration and production company incorporated in 2009 by Shebah Nigeria and Platform Nigeria. The company’s main objective is to take advantage of oil assets divestitures by IOCs in
Seplat Petroleum Development Company Limited (Seplat) is an indigenous exploration and production company incorporated in 2009 by Shebah Nigeria and Platform Nigeria. The company's main objective is to take advantage of oil assets divestitures by IOCs in