Author: InvestAdvocate

Union Bank: Investors Move to Take Up their Rights

Some shareholders of Unions Bank of Nigeria Plc have expressed willingness to  pick  up rights as a way of increasing their  stake in the bank. Union Bank is offering about 1.41 billion ordinary shares of 50 kobo each at N6.81 per share in the ratio of five new ordinary shares […]

Oando notifies Exchange on insider dealing

Oando has notified The Exchange of its Director’s dealing in the Company’s share in Compliance with Rule 111 of the SEC Rules and Regulations. Non-Executive Director        Chief Sena Anthony Nature of transaction:         purchase of shares Nature of interest:             direct, beneficial Class of security:               ordinary Number of […]

Shilling: Europe Recession Will Be Severe, And It’ll Affect U.S. Financials

“If you look at Europe, I think the consensus is pretty much a mild recession. I think it’s going to be a very severe recession,” said Gary Shilling yesterday on Inside Track, predicting an even rougher road ahead for the Eurozone than most expect. Shilling is the president of A. […]