By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s equity index provider MSCI Monday said the weight in index has been increased 19 percent according to Reuters. With this development, the Nigerian stock market has now hit a four (4) month high. The news agency reported that index climbed up from 12 percent […]
Capital Market
Access Bank Mulls London Stock Exchange Listing
Thisday, June 02, 2014 Obinna Chima with agency report Access Bank Plc is currently working on modalities to list its shares on the London Stock Exchange (LSE) in the next 12 months as it seeks to raise fresh capital. Shareholders of Access Bank had two months ago approved plans by […]
SEC Unveils Approved New Rules/Amendments
May 30, 2014/SEC A. RULE ON INFRASTRUCTURE FUNDS 1. DEFINITION For the purposes of this Rule, unless the context otherwise requires- “Hurdle Rate” means the minimum rate of return on investment necessary to cover all costs associated with the Fund; “Infrastructure Capital Company” means a company or companies whether private […]
