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Nigeria’s Notore to seek approval for 40 billion naira capital raise

 According to Reuters, Nigerian fertiliser maker Notore plans to seek shareholder approval this month for a 40 billion naira ($131 mln) capital raise, the company said on Friday.

Notore said it would offer shares to the public or to existing shareholders, or bonds as a standalone or under a programme through book building, it said, adding that the shareholder vote will happen on March 26

Source: Reutersm


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