Capital Market

Unilever Overseas Tender Offer to Up Stake in Nigerian Unit Closes June 10

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Unilever Overseas Holdings B.V., a subsidiary of Unilever Plc said on Wednesday its  Tender Offer to up its stake in Unilever Nigeria Plc will close June 10. The soap and detergent maker is seeking to purchase up of 942,215,930 shares in Unilever Nigeria at […]

Sell-Offs Across Oil/Gas, Banking Sector Dip NSE Index by 0.54%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Sell-offs triggered across the Oil/Gas and Banking sectors help dip the all-share index (ASI) by 0.54 percent to close at 33,879.21 points, while market capitalisation declined by N62.07 billion to close at N11.51 trillion. Following this loss, current market Year-to-Date (Y-t-D) returns at the Nigerian […]

Joint Forum releases report on credit risk management across sectors

Press Release, June 2, 2015/IOSCO Today the Joint Forum released its report Developments in credit risk management across sectors: current practices and recommendations. The report provides insight into the current supervisory framework around credit risk, the state of credit risk management at firms and implications for the supervisory and regulatory […]