Author: InvestAdvocate

Index rises by 0.6% as 37 stocks appreciate

The increase in equity trading activities recorded on Monday continued on Wednesday with major indices closing positive. At the close of trading on Wednesday, the Nigerian Stock Exchange’s All-Share Index rose by 0.6 per cent or 213.28 basis points from 37,046.63 points on Tuesday to 37,259.91 points. Similarly, the market […]

Shareholders endorse Skye Bank’s plan to raise N50bn

Shareholders of Skye Bank Plc have endorsed the plan by the bank to raise additional capital of up to N50bn. A statement by the bank explained that the shareholders gave the approval on Wednesday during the bank’s seventh Annual General Meeting in Lagos. They also approved the bank’s plan to […]

Lasaco Assurance Appoints New Chief Compliance Officer

By InvestAdvocate Lagos (INVESTADVOCATE)-The Company has notified the Exchange of the appointment of a new Chief Compliance Officer, Mr. Luqman Abiodun Dosunmu, DGM, and Business Services & Risk Management. Mr. Dosunmu, Luqman is 1990 graduate of Insurance from University of Lagos also holds a Master’s Degree in Marketing from the […]