Capital Market

Guinness Rights Issue to Sell at N58.00, 17% Discount to 90-Day Average Price

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier brewer, Guinness Nigeria Plc on Wednesday submitted an application to the Nigerian Stock Exchange (NSE) through its stockbroker; STANBIC IBTC Stockbroking Limited to raise fresh funds of N39.7 billion via a proposed rights issue. InvestmentOne Research say  Guinness is selling at a price of  […]

SEC Proposes New Rules and Sundry Amendments to Its rules

14/3/2017/SEC All comments should be forwarded to rulescommittee@sec.gov.ng or through the DG, SEC not later than two (2) weeks from the date of this publication. EXPOSURE OF PROPOSED NEW RULE AND SUNDRY AMENDMENTS TO THE RULES AND REGULATIONS OF THE COMMISSION (a) Proposed Fixed Income Primary Issuance Fees (b) Proposed […]