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, […]

The Acting Director-General, Securities and Exchange Commission, Mr. Mounir Gwarzo, has lamented the failure of some companies to fully migrate to the International Financial Reporting Standards. A statement from the SEC quoted Gwarzo as expressing the concern when members of the Association of Reporting Accountants visited him in Abuja on […]