Capital Market

TRANSCORP Says Sacoil Withdraws from OPL 281

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s conglomerate Transnational Corporation of Nigeria Plc (TRANSCORP) said on Tuesday SacOil Holdings Limited has withdrawn from participation in OPL 281 on 1 April 2015, as part of SacOil’s ongoing portfolio rationalisation. TRANSCORP said this in an issuer’s announcement to the Johannesburg Stock Exchange (JSE) […]

IOSCO Unveils Reports on Risks Management by Financial Markets, Intermediaries

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global Securities regulator, the International Organisation of Securities Commissions (IOSCO) said on Tuesday it has published two (2) consultation reports aimed at further enhancing the ability of financial markets and intermediaries to manage risks, withstand catastrophic events, and swiftly resume their services in the event […]

Nigerian Equities Decline to End 10-day Rally as Election Tension Eases

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian equities on Tuesday declined 2.1 percent in early trading ending a 10-day rally as election tensions eases, a Reuters report quoted stockbrokers as saying. While Bloomberg reported the Nigerian Stock Exchange All Share Index (NSE ASI) dipped the most since March 16 on Tuesday. […]