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NBC Plc’s Coca Cola to be delisted on Sept 07, 2011

The Nigeria Bottling Company’s decision to leave the  Nigerian Stock Exchange (NSE) after 38 years on the mainboard raises  questions regarding the attraction it  holds for quoted companies, writes Anthony Osae-Brown   Come Wednesday, September 07, 2011, Nigerian Bottling Company Plc (NBC) will cease to exist as a listed company […]

Nigeria’s Exchange did not direct Brokers to move accounts from Nationalised Banks

The Nigerian Stock Exchange’s (The Exchange) attention was drawn to some erroneous news reports in some of today’s newspapers regarding the meeting between The Exchange and Chief Executive Officers of dealing member firms yesterday morning.   The Exchange wishes to state that it has Not directed Brokers to move their […]

Union Bank recapitalisation: Shareholders will not lose-GMD

Lagos– investadvocate in its usual manner was in a Question and Answer Session at a Media Parley with Business Editors by Union Bank of Nigeria Plc. The major issue discussed is the ongoing recapitalisation of the Bank to beat the September 30 2011 deadline set by Nigeria’s Central Bank for the […]