Capital Market

FCMB Appoints Two New Directors

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-FCMB Group Monday announced it has appointed Oluwatoyin Ashiru and Gregory Ero as non-executive directors of the bank with effect from December 23, 2013.   Ashiru is a graduate of the University of Sussex, Brighton, UK where he obtained a B.Sc in Materials Science and […]

NSE approves for SEPLAT to list at N576 per share

The Council of the Nigerian Stock Exchange (NSE) has approved a listing price of N576 per share for Seplat Petroleum Development Company Plc, thus making it the highest priced equity in the oil and gas sector. Seplat will become the second highest priced equity on the exchange, behind Nestle Nigeria […]

Retail investors vital to Q2 outlook — CBO Capital

Domestic retail investors are expected to play an important role in shaping the market in the second quarter of 2014, according to a recent report by CBO Capital. The investment advisory firm said in its outlook for Q2 2014, entitled ‘Tight rope’ explained that although the Nigerian Stock Exchange was […]