Capital Market

Caverton Names Amaka Obiora Company Secretary

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Oil services firm, Caverton Offshore Support Group on Monday announced the appointment of Amaka Obiora as its new company secretary, the company said in its corporate disclosure to the Nigerian bourse. According to Caverton, this is coming on the heels of its board of […]

Alibaba IPO ranks as world’s biggest after additional shares sold

Alibaba Group Holding Ltd’s initial public offering now ranks as the world’s biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares. Overwhelming demand saw the IPO initially raise $21.8 billion and then send Alibaba’s stock surging 38 percent in its debut […]

NASD OTC transactions exceed N1bn

NASD Plc has said transactions in equities worth over N1bn have been carried out on its over-the-counter market, which commenced operations last year. NASD, whose OTC market deals mainly in unlisted securities, said, “By this number, investors’ regulators and brokers can reliably refer to transaction data on deals worth N1bn. […]