Dec 8, 2014/Bloomberg The U.S. Securities & Exchange Commission is seeking to suspend Standard & Poor’s from grading commercial-mortgage bonds in what would be the agency’s toughest action yet against a major credit rater, a person with knowledge of the matter said.   S&P parent McGraw Hill Financial Inc. (MHFI) […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Beer maker, Nigerian Breweries Plc on Friday appointed two (2) new directors Obadiah Mailafia and Ndidi  Nwuneli to its board, the company said in an issuer’s announcement to the Nigerian Stock Exchange (NSE). The beer maker said Mailafia is a career economist, banker and international development specialist […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Board of Fund/Portfolio manager, SIM Capital Alliance Limited (SIMCAP) on Friday announced the buyout of Sanlam Investment Management’s (Sanlam) ownership interest in SIMCAP by African Capital Alliance Holdings Limited (ACAHL), according to an issuers notice to the Nigerian Stock Exchange (NSE). The transaction, which has been […]