Capital Market

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 […]

Oando Plc Names Tanimu Yakubu Muhammad Non-Executive Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing giant, Oando Plc on Friday announced it has appointed Tanimu Yakubu Muhammad as a non-executive director of the company with effect from 30 June 2015. The oil marketer in an issuer’s announcement with the Nigerian Stock Exchange (NSE) said Muhammad holds a first degree in […]

Nigerian Equities Extends Bearish Streak to 5th Week on Sell-Offs

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market continued its bearish streak for the fifth consecutive week on continuous sell-offs in the Financial Services sector and a resumption of bears in the Consumer Goods sector, according to Cordros weekly market update. Consequently, the Nigerian Stock Exchange All Share Index […]