By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week on a negative note as all-share index (ASI) dipped 0.35 percent to close at 34,151.81 points, while market capitalisation declined by N40.87 billion to close at N11.60 trillion. This is coming on the heels of […]
Capital Market
Sovereign Trust Says Rights Issue 64.13% Subscribed
By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Sovereign Trust Insurance Plc (STI) last week said its N1.15 billion rights issue was 64.13 percent subscribed, the company said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). Following this, on May 14, 2015, STI listed 1,469,065,902 ordinary shares on the Daily Official List […]
Champion Breweries List N1.23 Billion Shares on NSE’s DOL
By InvestAdvocate Lagos (INVESTADVOCATE)-Beer maker, Champion Breweries Plc announced last week Friday it has listed N1.23 billion worth of shares on the Daily Official List (DOL) of the Nigerian Stock Exchange (NSE). “Dealing Members are hereby notified that 629,496,464 ordinary shares of Champion Breweries Plc at N1.85 per share were […]
