Capital Market

UBA Opens Rights Issue at N4.00 Per Share

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, United Bank for Africa Plc (UBA) on Monday opened its proposed rights issue at N4.00 per share, the lender said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). According to the lender, this is coming on the heels of […]

More Than 50% Broking Firms May Not Meet up with Recapitalisation

Monday, 05 January 2015/Daily Trust There is indication that more than 50 per cent of stock broking firms operating in Nigerian capital market may not meet up with the recapitalisation exercise in the industry. The Securities and Exchange Commission (SEC) SEC had given capital market operators till December 31, 2014 […]

$100 Million Elumelu Entrepreneurship Funding Programme Kick-starts

Press Release Lagos, Nigeria, January 1st 2015 – The $100 Million Tony Elumelu Foundation Entrepreneurship Programme – an annual programme of training, funding and mentoring, designed to empower the next generation of African entrepreneurs – is now open for entries through its application portal  http://www.tonyelumelufoundation.org/teep The flagship entrepreneurship programme from the Tony Elumelu Foundation opens its application portal […]