Capital Market

Lotus Capital Says to Pay 10 Kobo Interim Dividend on Halal ETF

By InvestAdvocate Lagos (INVESTADVOCATE)-Lotus Capital said on Tuesday it will pay a 10 kobo per unit interim dividend on its Lotus Halal Equity Exchange Traded Fund (ETF), the company said in its corporate action with the Nigerian Stock Exchange (NSE). According to Lotus Capital, it has received a ‘no objection’ […]

Flour Mills of Nigeria to Raise N40 Billion via Rights Issue, Increase Authorised Share Capital

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top miller, Flour Mills of Nigeria Plc (FMN) said on Tuesday it will raise fresh fund of N40 billion via a rights issue, the miller disclosed in an issuer’s announcement with the Nigerian Stock Exchange (NSE). The company said it will hold an extraordinary […]

UBA wins Social Infrastructure Deal of the Year award

Press Release June 9, 2015/UBA Pan-African financial services group, United Bank for Africa (UBA) Plc has won the African Investor (Ai) Social Infrastructure Deal of the Year award. The award was announced at the Ai CEO Infrastructure and Sovereign Investment Summit in Cape Town, South Africa last week. Now in […]