Capital Market

U.S. SEC Approves Rules To Ease Investor Access To Exhibits In Company Filings

Culled—Proshare Opening Statement by SEC Acting Chairman Michael S. Piwowar The Securities and Exchange Commission today voted to adopt rule and form amendments to make it easier for investors and other market participants to find and access exhibits in registration statements and periodic reports that were originally provided in previous […]

Stocks Extend Losses, ASI Down 0.58%

By Yakubu LAAH InvestAdvocate Click here to view Cordros Daily Market update for March 1, 2017 Lagos (INVESTADVOCATE)-Nigerian equities extended losses, as the all-share index (ASI) on Wednesday fell by 0.58 percent to close at 25,183.10 points. “Today’s bearish proceedings increased the Year-to-Date loss to 6.29 percent”, according to Cordros […]

Nigeria’s Zenith Bank to seek approval to raise 100 bln naira

28/2/2017/Reuters Nigeria’s Zenith Bank said on Tuesday it would seek shareholder approval next month to raise 100 billion naira ($318 million) via a combination of share or bond sale and global depository receipts. The lender also said it would seek approval to increase its share capital to 40 billion naira […]