Author: InvestAdvocate

Analysts predict profit-taking this month – Analysts

Capital market analysts have said that there will be profit taking activities in the equities segment of the market this month. This, they stated, followed the consistent upward movement in the equities section of the Nigerian Stock Exchange in the past few weeks. According to them, with a year to […]

Mobil’s shareholders approve N5 dividend

Shareholders of Mobil Oil Nigeria Plc have approved a dividend of N5 per share recommended by the company’s board for the year ended December 31, 2012. They gave the approval at the company’s 35th Annual General Meeting held in Lagos. A statement from the company said that shareholders at the […]

African Prudential Acquires UAC Registrars

By InvestAdvocate Lagos (INVESTADVOCATE) – First listed Registrar on the Nigerian Bourse, African Prudential Registrars (APR) Monday announced its acquisition of UAC Registrars. Both firms notified the Nigerian Stock Exchange (NSE) that they have executed a Share Sale and Purchase Agreement (‘’SSPA’’) in respect of Africa Prudential’s planned acquisition of […]