PAC Asset Management Limited, a fund manager, has concluded plans to inaugurate a N1bn fund called the PACAM Balanced Fund. The fund and portfolio manager, which is registered with the Securities and Exchange Commission, on Tuesday held the completion board meeting of the fund with all the parties to the […]
Capital Market
SEC DG Urge Registrars to Reduce Unclaimed Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)- Mounir Gwarzo, acting director general (Ag DG) of Nigeria’s Securities and Exchange Commission (SEC) on Tuesday urged Registrars on the drastic reduction of unclaimed dividends. The Ag DG of SEC gave this advice in Abuja on Monday following a courtesy visit by the leadership of the […]
Nigerian Stocks Up 0.27% on Agric Sector, Blue Chips Demand
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Tuesday climbed up as all-share index (ASI) gained 0.27 percent to close at 29,859.06 points, while market capitalisation appreciated by N26.61 billion to N9.95 trillion. With this gain, current Year-to-Date returns at the Nigerian Stock Exchange (NSE) stands at a negative 13.84 […]
