Press Release Lagos, June 17, 2013 – The Nigerian Stock Exchange (NSE) has announced the expected review, by end of June 2014 of the NSE 30, NSE 50 and the five Sectoral Indices of The Exchange – the NSE Banking, NSE Consumer Goods, NSE Oil & Gas, NSE Industrial, NSE […]
Capital Market
Shareholders Endorse Union Bank’s Plan to raise $750 Million Debt
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Shareholders of Union Bank of Nigeria Plc (UBN) on Tuesday endorsed plans by the bank to raise $750 million medium- term fund. The approval came at the lenders 45th annual general meeting (AGM) held in Lagos Nigeria. As part of special resolutions at the AGM, […]
Unclaimed dividends have been significantly reduced – Olugbemi
The efforts of regulators and registrars have led to a reduction in unclaimed dividends to 5.05 per cent of total dividends declared in the last 10 years, the Institute of Capital Market Registrars, has said. According to the institute, this is a major improvement over the situation in the past […]
