Capital Market

NSE Ends Week Down Driven by Selloffs, Excluding Cement Sector

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday declined 2.93 percent week-on-week (W/W) as all-share index (ASI) and market capitalisation closed at 30,180.27 basis points and N10.345 trillion respectively, its lowest value since 30 March and its worst W/W performance since March 23. Cordros weekly 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, […]