Shareholders of May & Baker Nigeria Plc have authorised the directors of the company to raise up to N3 billion in new equity fund. The Shareholders gave the nod at the healthcare company’s annual general meeting (AGM) held in Lagos. The shareholders unanimously authorised the board of directors “to raise […]
Capital Market
SFS Capital inaugurates fixed income fund
SFS Capital Nigeria Limited says it has inaugurated a collective investment scheme aimed at giving investors a minimum return of 12 per cent per annum. The company, a member of the Skye Financial Services Group, said in a statement on Friday that based on the SFS Fixed Income Fund’s prospectus, […]
NSE: All-Share Index up 2.08% as Foreign Participation Incite Rallies
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The all-share index (ASI) at the Nigerian stock exchange (NSE) Friday inched up 2.08 percent to close another bullish week at 39,831.83 basis point (BPS) as foreign participation incite rallies in the oil & gas, consumer goods and banking stocks. Analysts at Cordros Capital say […]

