Capital Market

UnityKapital Assurance Names Halima Wushishi Coy Secretary/Legal Adviser

By InvestAdvocate Lagos (INVESTADVOCATE) –Insurer, UnityKapital Assurance Plc said on Thursday it has appointed Halima Jubril Wushishi as the substantive company secretary/legal adviser effective 16 December 2014. The insurer in a an issuer’s announcement to the Nigerian Stock Exchange (NSE) said Wushishi who has a LLM in Business and Commercial […]

Seplat Confirms Merger Offer with Afren UK

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc said on Thursday confirmed to the Nigerian Stock Exchange (NSE) its proposed merger deal with Afren Plc, a U.K. oil and gas explorer. Seplat said the notice is in accordance […]

Bears Sustain Hold on Nigerian Stocks, Index Dip 4.17%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears sustained their hold on the Nigerian Stock Exchange (NSE) as all-share index dipped 4.17 percent to close the third trading day of the New Year. Index went down 31,167.54 points, while market capitalisation declined by N448.51 billion to close at N10.32 trillion. With […]