August 23, 2016/SEC Pursuant to the provisions of Section 313(1)(n) of the Investments and Securities Act(ISA) 2007, the Commission hereby proposes this Rule: Companies and Registrars in custody of dividends which remain unclaimed by shareholders 12 years after the date of declaration or subsequently attain the 12 years threshold shall upon […]
Capital Market
Bears Resurface on Nigerian Bourse, Benchmark Index Dip 0.01%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bears on Tuesday resurfaced on the Nigerian Stock Exchange (NSE) as the benchmark index dipped marginally by 0.01 percent to close at 27,810.28 points. “Today’s performance slightly increased the Month-to-Date and Year-to-Date losses to 0.71 percent and 2.90 percent respectively,” Cordros daily market update affirmed. […]
Nigerian Equities Open Week Bullish, Benchmark Index Rise 0.58%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week on a bullish note as the all-share index (ASI) rose 0.58 percent to close at 27,812.06 points. “Today’s positive close trimmed the Month-to-Date and Year-to-Date losses to 0.71 percent and 2.90 percent respectively,” according to […]
