Author: InvestAdvocate

Vono plans to raise N840m from capital market

Vono Products Plc has concluded plans to raise N840m from the Nigerian capital market. The company, in a statement made available to our correspondent on Monday, noted that the amount would be raised by way of Rights Issue. It explained that part of the funds would be used by the […]

Ibori Pleads Guilty To Money Laundering In London Court

Source: The Will Former Delta State Governor, Chief James Ibori has pleaded guilty to 10 counts bordering on money laundering in his London trial. THEWILL had exclusively reported earlier today that Ibori would plead guilty. The prosecution had tried to block Ibori’s plea move arguing that it wanted to go ahead […]

Earnings Forecast: SEC Mulls Waivers for Firms

The Securities and Exchange Commission (SEC) is considering waiving the requirement that compels listed companies to disclose their quarterly earnings forecast to the Nigerian Stock Exchange (NSE), THISDAY checks have revealed. Section 64 of the Investments and Securities Act (ISA) of 2007 stipulates “that a listed company shall within 20 […]