Capital Market

First Bank Announces Acquisition of ICB Senegal

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-FBN Holdings Plc on Tuesday announced that its subsidiary First Bank of Nigeria Limited has completed the acquisition of ICB Senegal, which represents the last jurisdiction of the West African assets of ICB Financial Group Holdings. FBN Holdings said the completion meeting to conclude the […]

Caverton Announces Two-Year Contract Extension with Total

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Newly listed firm in the oil and gas sector of the Nigerian bourse Caverton Offshore Support Group on Tuesday announced a contract extension with Total Exploration & Production Nigeria Limited for a period of two (2) years. The company in a notice to the Nigerian […]

Why e-dividend has not stopped rise in volume of unclaimed dividend

With the arrival of electronic trading and other electronic platforms in the Nigerian stock market, specifically the introduction of the electronic dividend payment which requires all shareholders to open bank accounts or update their bank account information and forward same to their registrars, the incidence of rise in unclaimed dividend […]