Capital Market

LAWUNION Names Akinjide Orimolade MD/CEO

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Law Union and Rock Insurance Plc on Monday named Akinjide Orimolade as its new Managing Director/Chief Executive Officer, the company said in a notice to the Nigerian Stock Exchange (NSE). According to LAWUNION, Orimolade is a Fellow, Chartered Insurance Institute of Nigeria holds B.Sc. in Insurance […]

ETI Announces Conversion of Preference Shares to Ordinary Shares

Oct 03, 2014/NSE Ecobank Transnational Incorporated (ETI) notified The Nigerian Stock Exchange that by a resolution passed on the 14th September 2011 the Board of Directors of Ecobank Transnational Incorporated (ETI) approved the acquisition of Oceanic Bank International Plc (Oceanic). In line with the Terms on Conversion of Preference shares […]

Bears Tighten Grip on Nigeria’s Equities Market, Benchmark Index Dip 0.55%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Monday gripped tight the Nigerian Equities market as benchmark index dipped 0.55% to close at 37,343.85 points, while market capitalisation lost N68.36 billion to close at N12.37 trillion. Current Year-to-Date (YTD) returns at the Nigeria Stock Exchange (NSE) now stands at a negative […]