By InvestAdvocate Lagos (INVESTADVOCATE)-Insurance firm, Oasis Insurance Plc Monday announced a take-over bid of I, 872,911,465 ordinary shares of 50k each in the company by FBN Life Limited. The company in a notice to the Nigerian stock exchange (NSE) said qualification date is June 20, 2014, while offer opens June […]
Capital Market
NSE Benchmark Index Advanced 0.13% to Close Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)–The NSE all-share index (ASI) advanced 0.13 percent at 41,529.11 basis points for the week ended June 06 2014. Unexpectedly all the NSE indices appreciated during the week with the exception of the NSE banking index (1.14%) and NSE insurance index (1.51%), while the NSE […]
Breach of X-Issuer Rules: NSE Commences Sanctions Jan’15
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) has announced it will commence sanction for breach of the new rules governing its issuers’ portal with effect from January 2015 for misleading information. The two categories to be sanctioned with effect from January 2015 is the issuers’ portal rules […]
