Author: InvestAdvocate

NSL year 2008 Initial Public Offering 99.08% under-subscribed

By Yakubu LAAH investadvocate Sept 22 2010 09.11 GMT     Lagos–The Year 2008 Initial Public Offering (IPO) of former National Sports Lottery Plc (NSL) now Securities Electronic Technology Plc (SET) operating in the Commercial/Services sector of the Nigeria Stock Exchange (NSE) was 99.08% undersubscribed.   This was contained in […]

Financial crisis: Worst over in global poll

    By Agency Reporter Wednesday, 22 Sep 2010   Three out of five global investors say the world economy has weathered the financial crisis and has stabilised two years after the collapse of Lehman Brothers Holdings Incorporated.   According to a report from Bloomberg Newyork, few believe the economy […]

STACO offers 1.6 billion rights issue to existing shareholders

By Nike Popoola Wednesday, 22 Sep 2010   STACO Insurance Plc has offered by way of rights issue, 1.6 billion ordinary shares of 50kobo each at 50kobo per share.   The rights issue will be on the basis of one ordinary share for every three ordinary shares held by the […]