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 […]
The Parthian’s View: Inflation Impacts Wallets Not Plans 1. Inflation rate for the month of July 2022 rose to 19.6% from 18.6% in June 2022. This increase to 19.6% is the highest in the last 17 years. As of July 2021, the inflation rate was at 17.4%. 2. Some of the drivers of this inflation […]
Times are hard lately as the cost of living keeps rising without a relative increase in income. If you find yourself struggling to survive with the same income you’ve been okay with, you’re not alone. The key to surviving this period is to follow some basic personal finance rules you may have ignored in the […]
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