Capital Market

Recapitalisation: SEC to Release Final List of Compliant Operators December

Strong indications emerged on Monday that the Securities and Exchange Commission (SEC) will in December, release the final list of market operators, who have complied with the new minimum capital requirement. SEC had in 2013 announced new minimum capital requirements for all categories of market operators in pursuant to Section […]

Bears Sustain Hold on NSE, Index Drop 0.29 Percent

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bears on Tuesday sustained its hold on the Nigerian Stock Exchange (NSE) as all-share index (ASI) dropped 0.29 percent to close at 29,052.85 basis points, while market capitalisation decreased by N28.86 billion to close at N9.98 trillion. Cordros daily market update says today’s performance came […]

Forte Names Anil Dua Director, Succeeding Korede Omojola

By InvestAdvocate Lagos (INVESTADVOCATE)-Forte Oil Plc  on Monday announced the appointment of Anil Dua non-executive director following a meeting held by its board on October  30, 2015. This appointment comes as the board accepted the resignation of  Korede Omojola from the board of the Company. The Board at the same […]