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Explore the implications of the recent ₦/US$ exchange rate liberation directive by the CBN. Learn how this move can impact retail investors, institutions, and the Nigerian securities market. Find answers to interesting questions surrounding US dollar supply and institutional reforms.
President Tinubu’s inaugural address has sparked a sequence of events that initiated a series of transformations, profoundly altering the energy landscape.
On February 6, 2023, Ardova Plc issued a cautionary announcement, notifying the Nigerian Exchange and the investing public about an offer made by Ignite Investments & Commodities Limited, the majority shareholder holding over 74% of Ardova Plc shares. The offer proposes acquiring the shares of minority shareholders at a price of N17.38 per share through […]
Recent reports have highlighted the growing unrest amongst minority shareholders of Oando, who are reportedly not satisfied with the current proposals surrounding the acquisition of their shares by the majority of shareholders. Displeased shareholders are challenging the exit price offered, claiming that it does not reflect a fair value. The Back Story Oando Plc disclosed […]