Capital Market

Buhari Appoints Kari As Commissioner For Insurance, CEO Insurance Commission

July 31, 2015/The Will President Muhammadu Buhari has appointed Alhaji Mohammed Kari as the Commissioner for Insurance and Chief Executive of the National Insurance Commission, a Presidency statement said Friday, adding that his appointment which is for a term of four years in the first instance, takes effect from Friday, […]

Hallmark Insurance Proposes 2 Kobo per Share Interim Dividend in H1 2015

By InvestAdvocate Lagos (INVESTADVOCATE)-Hallmark Insurance Plc said Friday it has declared an interim dividend of 2 kobo per share to its shareholders in its first-half (H1) 2015 period ended June 30. The insurer says closure date is 10-14 August, 2015; while payment date has been scheduled for August 27, 2015, […]

Issuing houses call for review of transaction costs

The Association of Issuing Houses of Nigeria has called on the Securities and Exchange Commission to review the cost of transactions in the capital market. According to the association, by making the cost of transactions competitive, the market will attract more investors, which in turn will aid its development. Members […]