By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Sovereign Trust Insurance Plc on Friday it has received approval from the Securities and Exchange Commission (SEC) to extend its N1.145 billion rights issue to March 13, 2015. The insurer in a notice to the Nigerian Stock Exchange (NSE) said the commission vide its letter SEC/SIS/EQT/STIP/2/15 […]
Capital Market
NSE Removes WAPCO from 10,000 Units Market Traded Equities
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Friday it has removed the shares of cement producer, Lafarge Africa Plc (WAPCO) from 10,000 units market traded equities. The NSE says the reason for removing Lafarge Africa is that shares of the company has traded below N100 […]
Nigerian Stocks Rebound, End Week Bullish by 3.14%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Friday rebounded closing the week on a bullish run as all-share index (ASI) and market capitalisation appreciated by 3.14 percent to close at 31,049.37 and N10.360 trillion. Similarly, all the Nigerian Stock Exchange (NSE) indices finished higher during the week with exception […]
