By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Fast Moving Consumer Goods (FMCG), Flour Mills of Nigeria Plc (FMN) said on Thursday it plans to conduct a restructuring by merging five (5) of its subsidiaries with its holding company (HOLDCO) under a Scheme of External Restructuring. Paul Miyonmide Gbededo, group managing director (GMD) […]
Capital Market
Africa’s Top Exchanges Plans Cross Listings of ETFs
August 12, 2015/JSE There is a move afoot that will lead to improved liquidity on Africa’s exchanges. This move will see increased cross listings of Exchange Traded Funds (ETF’s) on the larger exchanges on the continent. There is a concerted effort from ETF issuers in various markets to cross list […]
SEC Undergoes Restructuring, Cuts Zonal Offices to 3
Wednesday August 12, 2015/SEC The Securities and Exchange Commission (SEC) is undergoing a major restructuring of its operations aimed at boosting staff morale and improving service delivery to all stakeholders. The restructuring entails both a review of the organisational structure as well as a voluntary retirement scheme to trim down […]

