Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Pan African lender, Ecobank Transnational Incorporated (ETI) on Thursday announced that Qatar National Bank SAQ (QNB) has acquired 12.5 percent stake in the bank. ETI in a notice to the Nigerian Stock exchange (NSE) said QNB acquired 1,767,612,630 ordinary shares and 732,277,056 preference shares respectively in […]
Capital Market
Bears Maintain Hold on Nigeria’s Equities Market, Index Dip 0.14%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bears on Wednesday maintained its hold on the Nigerian equities market for the third consecutive day as all-share index (ASI) dip 0.14 percent to close at 41,207.79 basis points (BPs) while market capitalisation dropped N18.77 billion to close at N13.606 trillion. The 0.14 percent decline […]
IOSCO Joint Forum Unveils Report on Supervisory Colleges for Financial Conglomerates
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Joint Forum of World securities regulator, the International Organisation of Securities Commissions (IOSCO) on Wednesday unveiled the it’s report on supervisory colleges for financial conglomerates. IOSCO in statement made available to investAdvocate said in the report that the result of a recent self-assessment survey […]
