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Resort Savings seeks national status, to raise N3.5bn

Resort Savings and Loans Plc has announced plans to change its status from regional to a national mortgage bank after the completion of its ongoing initial public offering and rights issue. The company has on offer 3.2 billion shares of 50 kobo at 51 kobo per share, and one-for-three rights […]

Onyema Warns New Stockbrokers Against Market Infraction

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oscar Onyema, the Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE) Monday warned newly inducted stockbrokers against market infractions. Onyema gave this warning in his opening remark at the induction ceremony of newly qualified dealing clerks at the stock exchange house in Lagos […]

Foreign Investors Responsible for Current Market Recovery: Onyema

  By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The current Capital Market recovery is driven by foreign investors, Oscar Onyema, Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE) Friday made this affirmation at an interactive forum with the media and capital market analysts. “I want to point out one thing, […]