The Nigerian Stock Exchange has admitted African Paints Nigeria Plc’s additional units of shares into the Daily Official List. According to the NSE’s report for the week ended August 30, 2013, 109 million additional units were admitted early last week. The report noted that the additional shares arose from the […]
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Capital market recorded N631bn loss in August
Following an impressive showing in the first half of the year, the performance of equities in the capital market lately has been less cheerful, UDEME EKWERE writes The equities market of the Nigerian Stock Exchange was on a steady decline in the month of August, culminating in the loss of […]
Nigeria’s SEC investigates pan-African Ecobank results – source
Nigeria’s securities regulator is investigating pan-African lender Ecobank over an alleged misstatement of its 2012 performance, a source at the Securities and Exchange Commission (SEC) said on Friday. Nigeria’s SEC held meetings with Ecobank’s board directors on Aug. 6 to discuss the issue, which was raised by a suspended former […]
