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NBC opt to become subsidiary of Coca-Cola South Africa, to pay shareholders N43 per share

By Yakubu LAAH investadvocate Dec 14 2010 16.20 GMT Lagos (INVESTADVOCATE)-Nigerian Bottling Company Plc (NBC) is planning to emerge a wholly owned subsidiary of its majority shareholder, Coca-Cola Hellenic Bottling Company of South Africa through a proposed scheme of arrangement.   NBC gave this notice to the Nigerian Stock Exchange […]

Submit details of transactions executed on behalf of foreign clients-NSE orders Brokerage firms

By investadvocate Dec 14 2010 16.20 GMT Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) has through its Issuers Services Department, Listings Directorate directed all Stockbroking firms to submit the details of transaction they executed on behalf of foreign clients. This was contained in a notice Tuesday December 14 2010 by the […]

Our Accounts are not falsified-Union Bank Mgt

By Peter OBIORA investadvocate Dec 14 2010 11.56 GMT Lagos (INVESTADVOCATE)-The Board and Management of Union Bank of Nigeria Plc (UBN) had declared that its Accounts are not falsified.   This is coming on the heels of allegations by shareholders and other stakeholders of the Bank that its Accounts were falsified. […]