Capital Market

FORTISMFB Says List Additional 656,66 MillionUnits Ordinary Shares

13/5/2016/NSE Additional ordinary shares of 656,666,668 units of Fortis Microfinance Bank Plc (FORTISMFB) which arose from the conclusion of the Special Placing exercise by the Bank were admitted to trading on 12th May, 2016. This brings the total outstanding shares of the company to 2,286,757,668 units.

IOSCO Names Ashley Alder New Board Chairman

13/5/2016/IOSCO The International Organisation of Securities Commissions (IOSCO) is pleased to announce the appointment today of Mr. Ashley Alder as Chair of the new IOSCO Board.  Mr. Alder, the Chief Executive Officer of the Securities and Futures Commission (SFC) of Hong Kong and Vice Chair of the IOSCO Board, was […]

Nigerian Equities Rebound on Renewed Bargain Hunting, ASI up 0.91%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday rebounded after two (2) successive sessions of loss, as all-share index (ASI) climbed up 0.91 percent to close at 25,865.06 points, while market capitalisation grew by N80.67 billion to N8.90 trillion. “Today’s positive performance extended the Month-to-Date gain to 3.20 percent […]