* Naira firms as central bank sells dollars in wake of Fed taper * Nigeria bond yields mixed as U.S. start tapering * Stocks up almost 1 pct on Thursday (closing bond yield, naira, index, quotes and background) Nigeria’s central bank intervened to support the naira currency on Thursday, lifting […]
Author: InvestAdvocate
Zuckerberg to sell Facebook shares worth about $2.3 billion
Facebook Inc founder and CEO Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion to pay a tax bill, as part of an offering by the social network of 70 million Class A common shares. Facebook shares, which have doubled in value this year, were down 4 percent […]
Amendment to Rule 279 (5) Shelf Registration
Pursuant to Section 313(6) of the Investments and Securities Act 2007, the following proposed/new rules and amendments are made by the Commission. Rule 279 (5) (ii) of the Rules and Regulations is amended by the inclusion of the following provisions: 1. A shelf prospectus relating to non-equity securities issued by Supranational Agencies shall be […]
