Author: InvestAdvocate

GSK Nigeria Optimistic Parent Will Agree to Take Stake

GlaxoSmithKline Plc (GSK), the U.K.’s biggest drugmaker, will probably agree to take a majority stake in its Nigeria business after suspending the plan four months ago, according to the head of the Lagos-based company.

NSE to sanction operators for client account mismanagement

The Nigerian Stock Exchange has warned dealing member firms against violating client account management guidelines. According to the NSE, operators that violate the guidelines will be suspended from trading activities, in addition to being fined. This was contained in a circular to all dealing firms, which was entitled, ‘Maintenance and […]

MRS Oil Still Highest Paying Dividend Stock on the Nigerian Bourse in 2012/’13

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-MRS Oil Nigeria Plc, operating in the petroleum marketing  Sector of the Nigerian Stock Exchange (NSE) is the still the highest paying dividend stock on the Nigerian Stock Exchange (NSE) in 2012/’13 financial year ends with N24.34 Kobo. The lists shows that 73 companies out […]