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Stockbrokers against capital raise

By Stanley Oronsaye October 21, 2010    Plans by the Securities and Exchange Commission (SEC) to raise the minimum capital for capital market operators is causing upset at the Nigerian capital market.Operators who perceive that the commission is contemplating moves in this direction, said the regulators should instead work at […]

Indices plunge further on the Exchange

Thursday, 21 October 2010 By Helen Oji and Femi Adekoya CONTINUED share price depreciation suffered by many highly capitalised stocks yesterday, prolonged the bearish trend, as corporate performance indicators slid further by 1.28 per cent. At the close of transactions yesterday, the All-Share Index closed lower at 24,891.73 points, from […]

AP shareholders petition SEC, seek postponement of meeting

Thursday, 21 October 2010 By Moses Ebosele SHAREHOLDERS of African Petroleum Plc have petitioned the Securities and Exchange Commission (SEC), seeking a postponement of the company’s yearly general meeting scheduled to hold in Abuja, on the October 29. Under the aegis of Proactive Shareholders Association of Nigeria, the shareholders in […]