Volume II, Issue 20
Last Monday, 8 June, 2009, the Ogun State Bureau of Lands and Survey, under the insignia of the State Government, had caused the publication of what it described as a “Final Warning” ostensibly directing the attention of individuals and corporate bodies to activities of estate developers and promoters in about 14 locations in the state where real estate development seems to be intense. The Bureau of Lands and Survey described the activities of the estate developers as illegal.
The second of such publication in two weeks, the last of the same half page public notice, did get the attention of the target population it was intended for; a hail of panic seized the community of estate developers and subscribers to the former virgin lands belonging to Ogun State but which have found new attraction in value because of their proximity to Lagos State. As affected estate developers became restless, so were subscribers, they became distressed. (Read More)
BGL still upset with underwriting AIT, Honeywell public offers
It is just as well that the Securities and Exchange Commission has decided to adopt the recommendation of the Oladotun Sulaiman’s Nigeria Capital Market Reform Committee on the reversal of compulsory underwriting of public offerings.
BGL Securities Limited, one of Nigeria’s lead issuing houses and brokerage firms, is said to still be smarting from the downside effect of underwriting two public offerings last year. BGL Securities was part of the underwriters of the public offering of Daar Communications and Honeywell.
Others –
Losses, Debts Force Sale of Zain
Transcorp To Lose Hilton Hotel, Abuja
Filed under: BusinessNEWS | Tagged: abuja, african countries, african operation, ait, albert e. okumagba, Aleogho Raymond Dokpesi, bayo ligali, bgl, BGL Limited, bgl securities limited, blackmails, Botswana, celtel, certificate of occupancy, daar communications, developers, econet wireless, entrepreneurial ventures, estate developers, evolution, femi otedola, Fidelity Bank, final warning, fortune&class weekly, french company, GSM telecommunication brand, highest bidder, hilton hotel, Honeywell Plc, Honeywell public offers, illegal activities, investorsword.com, kenya, land owners, madagascar, mo ibrahim, mobile telecommunication company, mowe, mowe-ofada axis, mtc, mtel, mtn, nigeria capital market reform committee, nitel, oba otudeko, ogun state bureau of lands and survey, ogun state government, oladotun sulaiman, Olusegun obasanjo, omo onile, orange, otunba justus olugbenga daniel, pan-african cellular operator, phuthuma nhleko, Revenue Generation Drive, saad al barrak, sale of zain, Saudi Arabian, SEC, senegal, skye bank, south african telecommunication giant, target population, transformation, transorp, uganda, unity kapital, veenetwork, vmobile, vodacom, wema asset management limited, zain, zain group | 1 Comment »
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