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FBN Holdings “Issues Profit Warning” for 2015 Audited Year End

By InvestAdvocate Lagos (INVESTADVOCATE)-FBN Holdings Plc on Wednesday issued a profit warning for the year ended December 31, 2015, the financial Holdco said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). “Following the preliminary review of the FBN Holdings Plc management account for the year ended 31 December […]

Equator Capital acquires 657,000 shares in Fortis

February 14, 2016/Daily Trust Fortis MFB Plc recently took a major step forward, which the bank said it was pleased to share with its stakeholders. The bank has agreed to accept Messrs. Equator Capital Partners investment in the bank by way of a Special Placement of 656,666,668 Ordinary Shares of […]

Investors to receive dividends in 24 hours – SEC

February 11, 2016/SEC For the first time in the history of any capital market in Africa, investors in the Nigerian Capital market are now to get dividend payment within 24 hours through the e-Dividend Payment Platform. Director General of Securities and Exchange Commission (SEC) Mounir Gwarzo made this disclosure at […]