The shareholders of UBA Capital Plc have approved a change of name for the company to differentiate it from United Bank for Africa Plc. The change of name was one of three special resolutions passed by the shareholders at the company’s extraordinary general meeting, which was held in Lagos on […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks ended the session on a downward trend as all-share index (ASI) declined by 2.30 percent to close at 29,789.59 points, while market capitalisation lost N232 billion to close at N9.83 trillion. With this decline, current Year-to-Date (Y-t-D) and Month-to-Date (M-t-D) returns at the […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Mansard Insurance Plc on Monday announced it will acquire a 60 percent stake in Pension Fund Administrator (PFA), Penman Pensions Limited, the company said in an issuer’s announcement to the Nigerian Stock Exchange (NSE). Mansard disclosed the 60 percent stake is from the issued […]