Capital Market

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 […]

12 Listed Companies Paid Dividend in May 2014

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – 12 listed companies on the Nigerian stock exchange (NSE) paid dividend to its shareholders in the month of May 2014. Research from Investment One Financial Services shows that beverage makers, Nestle Nigeria Plc emerged the highest paying dividend with N24.00, followed by Dangote […]

NSE Benchmark Index up 4.21%, Settles at 3-months high

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Benchmark index at the Nigerian bourse on Friday climbed up 4.21 percentduring the week to settle at the 3-months high of 41,474.39 basis points (BPS). However, all the Nigerian stock exchange (NSE) indices appreciated during the week with the exception of the NSE ASeM index […]