new issues equities only two companies both in the insurance sector were given approval by commission to float a total of 4 70 billion ordinary shares valued at n7 50 month april 2006 involved n3 52 offer for subscription cornerstone plc and rights issue 98 niger has thus approved eight 8 22 24 n79 67 between january they included three 3 offers n58 62 2 n6 78 private placements n14 27 months into eighteen 18 deadline recapitalise have so far accessed capital market raise 7 operators four core categories are expected increase their shareholders fund minimum n2 0 life insurers non n5 composite firms n10 re higher
