By InvestAdvocate Lagos (INVESTADVOCATE)-Receiving agents to the just concluded Diamond Bank Plc rights issue has been given till (tomorrow) Tuesday September 02, 2014 deadline to forward their returns. Lead issuing house to the offer, Stanbic IBTC Stockbrokers Limited announced recently that acceptance list for the rights issue closed on Tuesday, […]
Capital Market
Access to raise N70bn as lenders bolster capital ahead Basel
Access Bank is the latest Nigerian lender seeking to boost its capital levels as the bank’s management is on the road in Lagos and Abuja meeting domestic investors who may participate in the offer. “We understand this will be via a rights issue of NGN60-70 billion ($370-430 million) planned for […]
NSE’s Top 10 Brokers Contributes 63.43% Total Market Value in August
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The top 10 brokers at the Nigerian Stock Exchange (NSE) has contributed 63.43 percent to total market value in the month of August according to the NSE’s broker performance report for the review period. The 63.43 percent represents N86.199 billion in terms of cash value […]
