Capital Market

SEC to Sanction Public Companies for Non-Registration of Securities

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Tuesday said it will sanction all public companies that are yet to comply with its directive to do so. The commission in a circular posted on its website said at the expiration of June 30, 2014, all public companies […]

Oasis Insurance Appoints New Ag MD

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oasis Insurance Plc Tuesday announced that it has appointed an Acting managing director (Ag MD) of the company Goke Adegbite. Adegbite is a Chartered Accountant and a fellow of Certified Chartered Accountants. He holds BSc. in Mathematics & Software Engineering from the University of Hull, […]

Portugal Holds Second 2014 Bond Sale as Bailout Exit Approaches

Portugal is selling debt maturing in 2024 via banks, according to a person familiar with the plan, its second bond sale this year as the nation approaches the end of its three-year international bailout program. The additional 10-year securities may yield 320 to 325 basis points more than the mid-swap […]