Investors Bite

ABCON seek to engender investors’ confidence in forex market

Photo Credit:SweetCrudeReports 30/11/2016/ABCON Association of Bureaux De Change Operators of Nigeria (ABCON) has said that it is committed to deepening professionalism among bureaux de change operators in order to engender foreign investors’ confidence in the Nigerian foreign exchange market. Speaking yesterday at the South West zonal meeting of the association, ABCON […]

Law Union & Rock offers 23% equity to new strategic investors

The Nation By Taofeek Salako Law Union & Rock Insurance Plc plans to raise about N722 million in new equity funds from strategic investors in the latest round of capital raising by insurance companies. A regulatory document on the proposed capital raising showed that Law Union & Rock Insurance would […]

Nipco Investment Seeks SEC Approval to Acquire EMOC’s 60% Stake in Mobil

November 29, 2016/NSE Further to our communication of October 19, 2016, where we disclosed that ExxonMobil Oil Corporation (EMOC) our majority shareholder, had executed a sale and purchase agreement with NIPCO Investment Limited for the acquisition of EMOC’s entire 60% equity ownership in Mobil Oil Nigeria Plc, we have received […]