The Nigerian equities market has again outshone two of the major stock Exchanges in Africa, Kenya and South in its year-to-date (YTD) performance, having sustained its upward trajectory in the new year. The Nigerian Stock Exchange (NSE) surged by 13.4 per cent in January, and has now risen by 18.5 […]
Author: InvestAdvocate
More Shareholders Kick against SEC on e-Dividends
More shareholders have kicked against the plan by the Securities and Exchange Commission (SEC) to suspend the issuance of dividend warrants if they fail to embrace electronic dividend after June 3, 2013. SEC had in an advertorial expressed dismay at the unprecedented increase in the size of unclaimed dividends in […]
Diamond Bank’s Shareholders Approve $750m Capital Raising
Shareholders of Diamond Bank Plc Tuesday voted overwhelmingly in support of the plan by the bank to raise $750 million additional capital to enhance its operations and finance its business development initiatives. The shareholders gave their support at the bank’s 22nd Annual General Meeting (AGM) held in Lagos. The National […]
