Capital Market

Sterling Bank Private Placement Goes for 2.65 Naira

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Thursday said its offer price for its proposed 19.8 billion naira private placement will go for 2.65 naira per share, according to a report by Reuters. As earlier reported, shareholders of bank will meet on November 11, 2014 to deliberate […]

Law Union & Rock Names Olusola Olasupo Fowora Finance Controller/CFO

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Law Union & Rock Insurance Plc on Thursday announced it has appointed Olusola Olasupo Fowora, as finance controller/chief finance officer (CFO) of the firm with effect from September 30, 2014. Law Union & Rock in a notice to the Nigerian Stock Exchange (NSE) said the decision […]

Bearish Trading Persists as Nigeria’s Equities Market All-Share Index Dip 1.02%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bearish trading has persisted in the Nigerian equities market, as All-share index (ASI) dipped by 1.02 percent to close at 39,278.47 basis points, while market capitalisation lost N133.45million to close as N12.97 trillion. Benchmark index at the Nigerian bourse still remained below the 40,000 points. […]