By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc (SEPLAT) on Monday through its stockbroker, Stanbic IBTC Stockbrokers Limited notified the Nigerian Stock Exchange (NSE) of the company’s intention to list its Long-Term Incentive Plan (LTIP) following the conclusion of […]
Capital Market
Fidelity Bank Projects N23.5 Billion 2015 Profit Before Tax
By InvestAdvocate Lagos (INVESTADVOCATE)—Nigeria’s mid-tier lender, Fidelity Bank Plc has projected a N23.5 billion profit before tax (PBT) in its 2015 audited year end compared to N16.5 billion recorded a year earlier, a Reuters report quoted a prospectus which the lender used to raise a N30 billion bond. In the […]
SEC Issues July 31 Notification Deadline to CMOs Seeking Mergers, Acquisitions
By InvestAdvocate Lagos (INVESTADVOCATE)- The Securities and Exchange Commission (SEC) has issued a July 31, 2015 deadline to Capital Market Operators (CMOs) seeking mergers, acquisitions or any other form of business combination. The Commission also directed all CMOs proposing reclassification (e.g. broker/dealer to sub-broker) or seeking to reduce their registered […]
