Oando Seeks Approval to Raise N220.8bn via Rights Issue
Oando Plc has formally applied to Nigerian Exchange Limited for approval and listing of a proposed rights issue valued at
Emmanuel Eze
February 18, 2026
- February 19, 2026
Oando Plc has formally applied to Nigerian Exchange Limited for approval and listing of a proposed rights issue valued at
At a moment when venture capital flowing into Africa remains heavily concentrated in payments, consumer apps and logistics, a very
Femi Otedola, chairman of First HoldCo Plc, has publicly defended the group’s decision to take a ₦748 billion one-time impairment
The unaudited full-year 2025 results of First HoldCo Plc have sparked intense scrutiny among analysts following the disclosure of a
Femi Otedola has increased his ownership stake in First HoldCo Plc to 18.12%, deepening his position as the group’s most
While headline profit growth was strong, the most revealing metric in Okomu Oil Palm Plc’s 2025 financial statements is the
Invest Africa has renewed its strategic partnership with S‑RM for a third consecutive year, deepening a collaboration aimed at supporting
Standard Bank has successfully closed a $250 million financing package for Nigerian oil producer Aradel Energy Ltd, unlocking capital for
Nigeria’s oil industry has crossed a historic threshold. As reported by The Economist, 2025 marked the first time in the
AIICO Capital Limited has announced the launch of Skymark Partners Limited’s Series 54, 55 and 56 Commercial Paper (CP) Issuances,
By any global standard, Tony Elumelu’s 20% stake in UBA is exceptionally large. With his stake in United Bank for
TotalEnergies Marketing Nigeria Plc has released its forecast financial statements for the quarter ending March 2026, projecting robust top-line performance
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