May 6, 2019/SEC The Securities and Exchange Commission, SEC can confirm that we are in receipt of an application from MTN requesting for registration of their existing securities. They have applied for listing by introduction which will enable the company to be listed and allow shareholders sell their shares on […]
Investors Bite
Forte Oil Plc to Divest from Its Power and Upstream Businesses
May 6, 2019/Cowry Asset On Friday, May 3, 2019, Forte Oil Plc (hereafter referred to as “the Company”) notified the Nigerian Stock Exchange, Securities and Exchange Commission, Shareholders and the investing community of its proposed sale of shares in Amperion Power Distribution Company Limited (the “Amperion Divestment”) to Calvados Global […]
NSE Sheds 0.05% to Open Week Amid Renewed Profit Taking Activities
May 6, 2019/Cordros Report EQUITIES The Nigeria’s equities market started the week on a bearish note as the benchmark index contracted by 0.05% to 29,196.87 points, driven by sell-off across Industrial Goods and Banking stocks Thus, the Month-to-Date and the Year-to-Date loses increased to 5.94% and 7.11% respectively. On sectoral […]
