By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian equities on Wednesday maintained its losing streak as all-share index (ASI) plunged 2.32 percent to close at 28,137.65 points, while market capitalisation dipped by N230.04 billion to N9.67 trillion. A Cordros daily market update says the free fall in the benchmark index on the […]
Capital Market
SEC Slams Indefinite Suspension on Cowry Asset Management
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) said on Wednesday it has suspended Cowry Asset Management Ltd and its sponsored individuals from Issuing House functions. SEC says the reason for the suspension is due to the company’s failure to honour its underwriting obligation […]
First Registrar Returns N8 Billion Unclaimed Dividends, Plans Business Expansion-CEO
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Newly rebranded and foremost registrar in Nigeria, First Registrars & Investor Services Ltd has returned in excess of about N8.0 billion in unclaimed, Bayo Olugbemi, managing director (MD) of the company disclosed on Tuesday at the unveiling of its new corporate identity. Olugbemi says […]
