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Market cap drops by N264bn as seven firms delist

The Nigerian Exchange Limited recorded the delisting of companies worth over N264.920bn from its platform in 2023 ....

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11 Companies With Combine N515.15bn Capitalisation Delist from NGX in One Year

11 Companies With Combine N515.15bn Capitalisation Delist from NGX in One Year
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NGX Suspends Global Spectrum Energy Services Plc Shares Trading Ahead of its Delisting

Naija247news.com is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy. ....

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Firm approves bond issuance to expand fleet

Firm approves bond issuance to expand fleet
The Punch
Published 13 July 2021
The shareholders of Global Spectrum Energy Services Plc have approved the issuance of a bond to finance the company’s expansion plans.
GSES, a firm operating in the midstream sub-sector of the oil and gas industry, supplies security vessels, platform supply vessels and others to independent oil companies in the Gulf of Guinea.
The company said during its recently completed 14th Annual General Meeting, its shareholders gave the nod to acquire fresh capital to expand its fleet of vessels.
According to a statement, the company has been previously funding its operations entirely with its revenues, prompting the move by the shareholders. ....

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Global Spectrum Shareholders Endorse Bond Issuance

Global Spectrum Shareholders Endorse Bond Issuance
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