All is set for the Initial Public Offer of UACN Property Development Company Plc’s Real Estate Investment Trust, which will kick off on February 19, 2013. The REIT seeks to raise N30bn by way of IPO of 3,000,000,000 units of N10 each at par. The offer document was signed by […]
Author: InvestAdvocate
Twenty Two Billion Brokers Forbearance Controversy: Another View
BY VICTOR OGIEMWONYI Victorogiemwonyi@gmail.com In December 2012′ the Minister of Finance and the Coordinating Minister of the Economy Dr Ngozi Okonjo Iweala announced a package of measures designed to boost confidence in the Nigerian Capital Market and particularly to bring investors back to the Nigeria Stock Market. She stated some […]
Market capitalisation rises by N87bn
Trading activities on the Nigerian Stock Exchange continued on an upward trend on Monday as major indicator recorded significant appreciation. The market capitalisation of the listed equities rose by N87bn or 0.8 per cent from N10.370tn last Friday, to N10.457tn. Similarly, the NSE’s All-Share Index increased by 273.17 basis points […]