Capital Market

SEC Endorses NSE’s Amendments to Listing Rules WEF Nov’01, 2014

By Yakubu LAAH InvestAdvocateLagos INVESTADVOCATE)-The securities and exchange commission (SEC) has endorsed the Nigerian stock exchange’s (NSE’s) amendments to listing rules which is expected to commence. November 01, 2014. According to the amendment on market abuse, every issuer shall ensure that investors and the public are kept fully informed of […]

Julius Berger Appoints Detlev Lubasch New Managing Director

By InvestAdvocateLagos (INVESTADVOCATE)-Construction giant, Julius Berger Nigeria Plc has announced the appointment of Detlev Lubasch as director and the new managing director (MD) of the company effective July 1, 2014. The company in a statement to the Nigerian stock exchange (NSE) said the appointment of Lubasch came on the heels […]

ECP Africa Fund II to Divest 50.6% stake in Continental Re

By InvestAdvocateLagos (INVESTADVOCATE)- ECP Africa Fund II PCC and its partners (the ECP Fund II Consortium) has said they will divest 50.6 percent stake in Nigerian reinsurance firm, Continental Reinsurance Plc, the company said in a notice to the Nigerian stock exchange (NSE). According to the notice, C-Re Holding is […]