Market Date: 17-05-2012
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Public Offers Private Placements
Takeover Bid of Guaranty Trust Assurance Plc
Assur Africa Holding (AAH) hereby offers to purchase, upon the terms and subject to the conditions described in the Takeover Bid Document, shares representing up to 7.32% of the issued share capital of Guaranty Trust Assurance (GTAssur), on a pro-rata bas
SEC Stops Publicity of Private Placements
As part of efforts to avoid recurrence of the crash of the Nigerian stock market in 2008 and 2009, the Securities and Exchange Commission (SEC) has stopped the publicity of private placements in the market, warning that any company that publicises its pri
Board okays Oando's N20b rights issue
The board of directors of Oando Plc has approved rights issue of 301,694,876 ordinary shares of 50 kobo each at N70 per share.
World Bank backs out of privatisation programme - FG realised N1trn privatisation proceeds in 8 yrs
The World Bank has backed out of the country’s privatisation programmes, as the Privatisation Support Programme (PSP) ends in December.
Benue Assembly passes bill to raise N13bn from capital market
The Benue State House of Assembly on Wednesday passed a bill empowering the government to raise money from the capital market for the execution of projects in the state.
Introduction of Blocked Amount may save investors Return money palaver
If the Nigerian Capital Market (NCM) can introduce a new process applicable to retail individual investors referred to as Application Support by Blocked Amount (ASBA), it could led to saving investors the trouble of non-receipt of return money.
Cadbury Nigeria seek regulatory approval for Rights Issue
Cadbury Nigeria Plc (Cadbury) is seeking approval from Regulatory Authorities to raise fresh funds through a Rights Issue.
AP posts N7.15bn profit, pays 520k dividend
African Petroleum Plc, has returned a marginal profit rise in spite of the inclement business climate in the 2008 financial year.
Zenith: Registrar reiterate reissue of certificates to investors within 14 days
Zenith Registrars Limited has reiterated its resolve to reissue share certificates to investors who are yet to receive the Zenith Bank Plc (Zenith) year 2007 Public Offer (PO) certificates.
Kajola reports 100% allotment on year 2008 Private Placement
Private Investment Company, Kajola Integrated Investment Limited (Kajola) has reported a 100 percent (100%) allotment to investors who took part in its year 2008 Private Placement (PP).
LBIC gives investors 100% allotment on year 2007 Placement
Lagos Building Investment Company Limited (LBIC) is giving a 100 percent (100%) allotment to investors who took part in the company’s year 2007 Private Placement (PP).
FAML Eurobond: Alternative investment projects 51.78% return
FAML Eurobond Guaranteed Investment Note has projected 51.78 percent (51.78%) returns to investors who take part in the alternative investment opportunity.
Honeywell plays up prospect after successful offer
Both investors and prospective investors who bought into the just concluded Honeywell Flour Mills plc’s offer have been assured of reaping from the very impressive financial
…Supplementary Listing
A total of 1,063,706,886 shares were added to the shares outstanding in the name of First Inland Bank Plc on Thursday, April 30, 2009 being supplementary issue from the recently concluded public offer.
Eterna Plc N5.303 bn Rights ends today
Petroleum Marketing Company, Eterna Oil & Gas Plc (Eterna) has ended its N5.303 billion Rights Issue today Thursday April 30 2009.
Courteville set for top 5% on ROI by 2010
Courteville Investment Plc (Courteville), indigenous business solution provider is set to be amongst the top five percent (5.0%) in terms of Return on Investment (ROI) at the Nigerian Stock Exchange (NSE). Adebola Akindele, Managing Director/Chief Executi
Core Trust commences N2.186 bn Capital raising
Core Trust & Investment Limited (CORETRUST) has finally commenced its Capital raising of N2.186 billion after several postponements due to the current Market Meltdown. This was contained in an Information Memorandum made available to Proshare NI in Lagos
Pinnacle Point, South African firm list tomorrow on NSE
Pinnacle Point Group, a South African firm would tomorrow Tuesday March 17 2009 list its shares by introduction on the Floor of the Nigerian Stock Exchange (NSE) in Lagos Nigeria.
Core Trust seek institutional investors N2.186 bn Capital
Core Trust & Investment Limited (CORETRUST) is seeking Institutional Investors in its N2.186 billion Capital raising. Fisayo Oyedeji, Managing Director/Chief Executive Officer (MD/CEO) of the company confirmed to Proshare NI today in Lagos Nigeria.
Core Trust commences N2.186 bn Capital raising
Core Trust & Investment Limited (CORETRUST) has finally commenced its Capital raising of N2.186 billion after several postponements due to the current Market Meltdown. This was contained in an Information Memorandum made available to Proshare NI in Lagos
DEAP Capital to raise fresh funds
DEAP Capital Management & Trust Plc (DEAP), playing in the Other Financial Institutions Sector of the Nigerian Stock Exchange (NSE) is seeking to raise fresh funds and has plans to get a Core/Institutional Investors on the Board of the Company.
Geo-Fluids N12 bn Private Placement, what next?
Geo-Fluids Limited, a company operating in the Oil and Gas Services sub-sector of the Nigerian economy in May 21 2008 sought to raise N12 billion when it opened a Private Placement (PP).
Imo State N20bn Bond
Imo State Government of Nigeria is in the market to raise the sum of N40 billion over a 2-year period via the issuance of an ISPO (Irrevocable Standing Payment Order) backed bond off an MTN (Medium Term Note) Issuance program.
Lagos N50bn bond oversubscribed by N8.9bn
The Lagos State Commissioner for Finance, Mr. Rotimi Oyekan, has said that there is an over subscription of N8.9bn on the just concluded N50bn Lagos State Government fixed rate bond meant to transform Lagos into Africa's model mega city.
Exchange lists IHS, telecoms firm\'s 4.4b shares
DESPITE investors apathy fuelled by collapse of stock markets as a result of the global financial meltdown, the Nigerian Stock Exchange (NSE) yesterday listed the country\'s major telecommunications infrastructure service provider, IHS Nigeria Plc.
IHS to be listed on the NSE next week
The Nigerian Stock Exchange (NSE) lists the 4, 400,000,000 ordinary shares of Nigeriaâ€â„Ãââ‚
Jubilee Life opens N3.6 billion Placement
Primary Mortgage Institution (PMI) Jubilee-Life Savings and Loans Limited has opened its N3.6 billion Private Placement (PP) and has projected a 12 Kobo dividend payout in its 2012 Financial Year End (FYE).
Honeywell Flour Mills N18.65 bn hybrid offer closes
Honeywell Flour Mills Plc would tomorrow Wednesday January 21, 2009 close its N18.65 billion hybrid offer. The offer which was scheduled to officially close December 31, 2008 was extended for three weeks.
Fumman plans listing on the Exchange, floats N5b placement
Ahead of its planned listing on the NSE, Fumman Agriculture Product Ltd has said that the proceeds of its currently N5bn PP will be used to expand and grow the business which is aimed at strengthening the company as a leader in the fruits and soft drinks
Hope for depositors/investors as SGBN Floats Private Placeme
There appears to be renewed hope for depositors and investors of SGBN as the Bank floated a Private Placement (PP) to shore up its Capital Base so as to bounce back to operations. A source close to Proshare NI made this affirmation at the NSE in Lagos Nig
What is it about the Lagos State 13%-Fixed Rate Bond PO?
all you need to know about the Lagos State 13%-Fixed Rate Bond Public Offer? Download the offer summary and application forms from here...........
Barcelos to handover share certificates personally to invest
Food Emporium International Limited (Barcelos) would begin the handing over of share certificates personally to investors who took part in its September/October 2008 Private Placement (PP).
Weco Systems seek N1.599 bn through Placement
Weco Systems Group, indigenous Information and Technology Company (ICT) based in Lagos is seeking to raise N1, 599, 999,999 through a Private Placement (PP).
Investor concern on Zenith Bank 07 PO return money
Another investors has expressed concerns and disappointment over the Zenith Bank Plc (ZENITH) late 2007 Public Offer (PO) return money. This is coming on the heels of complaints as regards the above to Proshare NI.
AssetCapital N1.6 bn Placement still on
AssetswiseCapital Limited (AssetswiseCAPITAL) N1.650 billion Private Placement (PP) which has officially ended December 05, 2008 as contained in the Placement Memo made available to Proshare NI in Lagos Nigeria is still on.
Core Trust to raise N2.6 billion through hybrid offer
After several postponements, Core Trust & Investment Limited (CORETRUST) is now set to raise N2.6 billion through a hybrid offer by way of Private Placement (PP) and Rights Issue.
Honeywell Flour Mills Plc
Honeywell Flour Mills Plc is conducting an IPO by way of Offer for Sale of 1,252,941,177 shares of 50k each and by way of Offer for Subscription of 941,176,471 shares of 50k each at N8.50 per share. The offer opens on 031208 and closes on 311208.
Assets wise Capital N1.650 bn Placement ends
AssetswiseCapital Limited (AssetswiseCAPITAL) N1.650 billion Private Placement (PP) has ended today December 05, 2008. This was contained in the Placement Memo made available to Proshare NI in Lagos Nigeria.
Honeywell projects 43 kobo dividend payout in 2011 FYE
Honeywell Flour Mills Plc (Honeywell) has projected a 43 Kobo dividend payout in its 2011Financial Year End (FYE), this was contained in a document made available to Proshare NI today in Lagos Nigeria.
CoreTrust now to raise N2.6 bn through hybrid offer-Opens. .
After several postponements, Core Trust & Investment Limited (CORETRUST) is now set to raise N2.6 billion through a hybrid offer of Private Placement (PP) and Rights Issue. Adewale Yusuf, Head of Operations (HOO) of the company confirmed this to Proshare
