By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Global standard setter for securities regulation, the International Organisation of Securities Commissions (IOSCO) said on Thursday it has proposed 13 sound practicesInvest for large market intermediary firms to consider in the implementation of their internal credit assessment policies and procedures. The report titled […]
Capital Market
NSE Maintains Downward Slope on Declines of Blue Chip Stocks
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday maintained a downward slope, on declines of blue chip stocks such as Forte Oil Plc, Dangote Cement Plc, FBN Holdings Plc and beer maker, Nigerian Breweries Plc. At the close of business today on the Nigerian equities market, the […]
Stanbic IBTC Holdings Plans N24 Billion Rights Issue
By InvestAdvocate Lagos (INVESTADVOCATE)-Top tier Nigerian lender, Stanbic IBTC Holdings said on Wednesday its planning to raise N24 billion ($121 million) via rights issue once shareholders approve the deal, a Reuters report quoted the lender. According to the report, stanbic IBTC Holdings said it would seek approval at its Annual […]
