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NSE to punish companies over non-compliance with rules

  By Gbenga Agbana   Monday, 6 Sep 2010 Indications emerged on Sunday that the Nigerian Stock Exchange would punish some quoted companies this week, over non-compliance with the post listing requirements of the Exchange. The sanctions, according to market sources, are prompted by complaints from investors that some quoted […]

Private Placement: Barceló’s to provide OTC for investors to sell shares

  By Peter OBIORA investadvocate Sept 06 2010 07.30 GMT   Lagos–Food Emporium International Limited operating a Portuguese branded eatery (Barcelos) is set to provide Over-the-Counter (OTC) opportunity for shareholders of the company willing to trade their shares; since the company is yet to list on the Floor of the […]

7 Spending Tips From Frugal Billionaires

  by , Sunday, September 5, 2010   Carlos Slim Helu (Carlos Slim), a telecom tycoon and billionaire with well-known frugal tendencies, has a net worth of $60.6 billion, according to Forbes. Assuming no changes in his net worth, he could spend $1,150 a minute for the next 100 years […]