April 12, 2015/SEC Pursuant to Section 313 of the Investments and Securities Act, 2007, the following proposed new regulations are made by the Commission. 1. DEFINITION OF TERMS In these regulations – · “Company limited by guarantee” is as defined under the Companies and Allied Matters Act, (CAMA) 1990; · […]
Capital Market
NSE Records First Week-on-Week Loss in 3-Weeks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange (NSE) benchmark index on Friday recorded its first Week-on-Week (w/w) loss in three (3) weeks as all-share index (ASI) and market capitalisation depreciated by 2.23 percent and 1.92 percent respectively to close at 34,930.02 and N11.903 trillion. “Similarly, all […]
NSE Lists Diamond Banks 8.685 Billion Shares at N5.80
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday listed Diamond Bank Plc’s 8,685,145,863 ordinary shares of 50 kobo each at N5.80 per share following a successful rights issue completion. “The Market is hereby notified that following the successful conclusion of the Rights Issue of 8,685,145,863 ordinary […]
