Capital Market

Mansard Insurance Now AXA Mansard Insurance

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Mansard Insurance Plc said on Wednesday it has pffocially changed its name to AXA Mansard Insurance Plc, the company said in an issurer’s announcement to the Nigerian Stock Exchange (NSE). The insurer sais this  is sequel to the resolution passed by the company’s shareholders at the […]

NSE Says Par Value Rule Not Yet in Force

By InvestAdvocate Lagos (INVESTADVOCATE) –The Nigerian Stock Exchange (NSE) on Wednesday said the rule governing dealing members as regards Par Value is not yet in force. “The attention of The Nigerian Stock Exchange (The Exchange) has been drawn to a number of publications regarding the effective date of the Amendments to […]

UBA Completes N11.5 Billion Rights Issue

United Bank for Africa (UBA) Plc has announced the successful completion of its Rights Issue, following the approval of the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). UBA raised N11.5 billion through a seasoned equity offering; a Rights Issue of one ordinary share for every […]