Unity Bank Plc at the weekend opened application list for a rights issue of 38.447 billion ordinary shares, starting the first part of a two-part new capital issue that is expected to inject more than N39 billion into the bank. The opening of application list followed approvals of the Securities […]
Capital Market
Nigerian Bourse All-Share Index Up 1.20% to Close Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Benchmark all-share index (ASI) at the Nigerian bourse on Friday climbed up 1.20 percent for the week ended Friday May 16, 2014. The Nigeria’s exchange weekly stock market report for the period showed that both the ASI and market capitalisation appreciated 1.20 percent to close […]
CIBN, NSE collaborate on market development
The Chartered Institute of Bankers of Nigeria says it has partnered the Nigerian Stock Exchange with a view to fast-tracking the growth of the country’s capital market. According to the institute, the partnership will, in addition to encouraging market growth, see both institutions working to protect the capital market from […]
