By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The present market rally is evidently diminishing as investors seek profits amidst rising prices whilst ditching blue chip stocks, a Cordros market update affirmed. At the end of the day’s session, the Nigerian Stock Exchange (NSE) all-share index (ASI) climbed up 0.36 percent to close […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Sovereign Trust Insurance Plc’s N1.15 billion rights issue will close Friday February 20, 2015, according to offer’s circular made available to InvestAdvocate. The insurer on January 14 opened application and offered to existing shareholders 2,290,585,798 Ordinary Shares of 50 kobo each at N0.50 per Share. Sovereign […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) said on Wednesday the Special Data Dissemination Standard (SDDS) Plus, the third and highest tier of the Fund’s Data Standards Initiatives is now online (at SDDS Plus country data) with data from an initial cluster of eight adherents including France, […]