By Gbenga Agbana Tuesday, 2 Nov 2010 To reduce the incidence of unclaimed dividends in the capital market, some shareholders have advised the government to extend the expiry date of dividend warrants. Hitherto, dividend warrants expired six months after the issuance date, after which it must be revalidated by registrars of […]

By Agency reporter Tuesday, 2 Nov 2010 The Central Bank of Nigeria intervened with an offer of $250m for sale at the foreign exchange auction on Monday. Reuters news reported that the naira gained against the dollar at the interbank market on Monday, lifted by anticipated forex sales by energy firms […]

By Gbenga Agbana Tuesday, 2 Nov 2010 A total of 72.6 billion shares valued at N589.9bn were exchanged in the first nine months of the year in 1.6million deals, compared with the 75.3million shares valued at N508.7bn exchanged in 1.4 million deals in the corresponding period of 2009. The market capitalisation […]