25/10/2017/Reuters Unilever Nigeria’s 58.85 billion-naira ($187 million) rights issue was 120 percent subscribed, the company said on Wednesday. The local subsidiary of Anglo-Dutch consumer goods group Unilever, said in a statement it sold 14 new new shares for every 27 held at 30 naira each. The company, which is 60.05 […]
Investors Bite
How SEC Director-General Illegally Paid Self Severance Benefit, Awarded Contracts To His Companies
October 25, 2017/Sahara Reporters Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Haliru Gwarzo, SaharaReporters can exclusively reveal, has perpetrated a variety of fraudulent activities since his appointment by former President Goodluck Jonathan for a first term of five years on May 22, 2015. Prior to being appointed […]
SKYESHELTER Offers N7.20 Final Distribution Per Unit
By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Skye Shelter Fund Plc on Wednesday proposed a N7.20 final distribution per unit to unit-holders of the company in its nine-month period ended September 30, 2017 compared to N7.44 paid a year ago. Total income of the company declined 9.3 percent to N148.2 million from […]

