Capital Market

Kogi’s N5bn bond oversubscribed –Wada

The Kogi State Governor, Capt. Idris Wada, has said that the N5bn the state government raised as the first tranche of its N20bn bond has been oversubscribed. Wada said this when he paid a courtesy visit to the Nigerian Stock Exchange in Lagos on Thursday. He said that the first […]

Account Rendition: NSE Grants One-Month Grace to Erring Companies

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) Thursday announced it has given erring companies on the rendition of accounts a grace of one-month to comply or face sanctions. The NSE in a notice to the companies said it’s concerned and mindful of the challenges being encountered by […]

Oversubscription: Africa Prudential Returns over N1.0 billion

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Africa Prudential Registrars Plc, (former UBA Registrars) said it has returned over N1.0 billion oversubscription money from its last right issue conducted in the last quarter of 2013. Peter Ashade, managing director/chief executive officer (MD/CEO) of the company disclosed this in exclusive chat […]