Malaysia-based International Islamic Liquidity Management Corp (IILM) has re-issued a $490 million Islamic bond, according to a media release on Thursday. The three-month sukuk was priced at 0.52 percent. It was auctioned to eight primary dealers, with KBL Private Bankers not participating as it did in IILM’s previous auctions. IILM […]
Author: InvestAdvocate
Seplat confident will win Chevron Nigeria asset
* Chevron lost battle over jurisdiction with Brittania-U * Seplat’s $500 mln IPO in Lagos, London to fund purchases (Adds quotes, share price and details) Seplat is confident it will win a dispute over the purchase of a Chevron asset, the Nigerian oil and gas firm’s chief executive said […]
Unauthorised Sales of Shares: NSE Revokes Kayode Awotile’s Licence as Authorised Dealing Clerk
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) on Thursday announced it has revoked the registration of Kayode Awotile as authorised dealing member on its bourse for engaging in fraudulent practices. The NSE in a notice on its website issued by Olufemi Shobanjo, head, broker dealer regulation said […]
