August 10, 2015/Reuters Nigeria Mortgage Refinance Company (NMRC) will seek approval from members by month-end to raise additional equity capital of 28.5 billion naira ($143 million) through a shelf registration programme, the state-backed mortgage agency said on Monday. NMRC set a price range of 4.50 to 7 naira per share […]
Capital Market
NSE Starts Week with Marginal 0.01% Gain on Shares of Dangote Cement
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday started the week on a bullish note with a marginal gain of 0.01 percent on demand of the shares of Dangote Cement Plc, according to Cordros daily market update. The report says the NSE all-share index (ASI) closed […]
Ecobank Says Sheila Mmbijjewe, Graham Dempster Resigns from Board
By InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Monday Sheila Mmbijjewe has resigned from its board following her appointment as deputy governor of the Central Bank of Kenya. “Her replacement on the ETI board will be announced in due course,” the bank said in notice to the […]
