By Dipo Olowookere Investors have resumed trading in the shares of C&I Leasing Plc after an embargo earlier placed on it was removed by the regulatory arm of the Nigerian Exchange (NGX) Group Plc, NGX RegCo. Recall that on July 8, 2024, NGX Limited suspended the firm and others for violating the listing rules. They… Continue reading Trading in C&I Leasing Shares Resumes After NGX Lifts Suspension
Tag: C&I Leasing
Investors Stake N27.693bn on C&I Leasing, Fidelity Bank, MeCure, Others
By Dipo Olowookere The Nigerian Exchange (NGX) Limited posted a 0.37 per cent week-on-week growth last week, with the All-Share Index (ASI) and the market capitalisation rising to 71,112.99 points and N39.108 trillion, respectively. Similarly, all other indices finished higher except NGX Main Board, banking, industrial goods and sovereign bond, which depreciated by 0.11 per… Continue reading Investors Stake N27.693bn on C&I Leasing, Fidelity Bank, MeCure, Others
C&I Leasing Shares Free Stocks to Shareholders
By Dipo Olowookere A prominent outsourcing firm in Nigeria, C&I Leasing Plc, is issuing bonus shares to its shareholders, a statement signed by the company secretary disclosed. A bonus share is the issuance of additional stocks to existing shareholders of the company at no extra cost. It is given to encourage retail participation and increase… Continue reading C&I Leasing Shares Free Stocks to Shareholders
Trading in C&I Leasing Stocks Resume on Stock Exchange
By Aduragbemi Omiyale The suspension placed on C&I Leasing Plc by the Nigerian Exchange (NGX) Limited has finally been lifted after the organisation did the needful. On July 1, 2022, the NGX announced that its regulating sister company, NGX Regulation, approved the suspension of the firm over its failure to file its financial statements. C&I… Continue reading Trading in C&I Leasing Stocks Resume on Stock Exchange
C&I Leasing Drops Centurion Registrars Limited
By Aduragbemi Omiyale Centurion Registrars Limited has been dropped as the registrar of C&I Leasing Plc, a statement from the company has confirmed. Centurion Registrars was replaced by C&I Leasing with Cordros Registrars Limited, a notice signed by the company secretary, Mbanugo Udenze & Co, stated. It was disclosed that the appointment of the new… Continue reading C&I Leasing Drops Centurion Registrars Limited
C&I Leasing’s Remarkable Growth Trajectory Attracted us—PMT
By Aduragbemi Omiyale A few days ago, the management of C&I Leasing Plc informed the investing community that Peace Mass Transit (PMT) has acquired about 55.82 per cent of the issued shares of the company. The deal was done through the conversion of loan stock, about 313,326,316 units of the Neoma Africa Fund (formerly Aureos… Continue reading C&I Leasing’s Remarkable Growth Trajectory Attracted us—PMT
Court Orders C&I Leasing to Pay Damages to Former Staff
By Modupe Gbadeyanka C&I Leasing Plc has been directed by the Benin City Judicial Division of the National Industrial Court to pay the sum of N2 million as damages for the psychological trauma and hardship suffered one of its former employees, Mr Harry Akpisheri. Also, the firm was ordered to pay him N433,243.56k as annual… Continue reading Court Orders C&I Leasing to Pay Damages to Former Staff
C&I Leasing to Probe Financial Error Detected in Audited Accounts
By Modupe Gbadeyanka The management of C&I Leasing Plc has expressed its determination to critically look into the financial error observed in the audited accounts of its subsidiary in Ghana, Leasafric Ghana Limited. The firm, in a notice to the Nigerian Stock Exchange (NSE), disclosed that the board of directors of Leasafric Ghana would review… Continue reading C&I Leasing to Probe Financial Error Detected in Audited Accounts
Agusto & Co Affirms ‘Bbb’ Rating to C&I Leasing N600m Bond
By Dipo Olowookere The N600 million fixed rate unsecured bond of C&I Leasing maturing in 2020 has been assigned ‘Bbb’ rating by Nigeria-based rating agency, Agusto & Co. The N600 million bond unsecured bond is the second tranche under C&I leasing Plc’s N10 billion debt issuance programme. According to a statement from the rating firm,… Continue reading Agusto & Co Affirms ‘Bbb’ Rating to C&I Leasing N600m Bond
C&I Leasing Acquires Two New Vessels for Better Services
By Dipo Olowookere Two brand new vessels have been purchased by C&I Leasing Plc to be immediately deployed for a long-term contract with Nigerian Liquefied Natural Gas Company (NLNG). The two new acquisitions are called the 2018 ‘ASD 2913 Tugboats’ named ‘MV Chidiebube’ and ‘MV Folashade’ with Sifax Marine Limited under the Sifax C&I Marine… Continue reading C&I Leasing Acquires Two New Vessels for Better Services