By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks opened the New Year on a bearish note as the Nigerian Stock Exchange all-share index (NSE ASI) dipped by 2.06 percent to close at 33,943.29 points, while market capitalisation declined by N240.33 billion to close at 11.24trillion. ‘’This was as a result of […]
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 […]
