Capital market analysts have said that profit taking activities will likely persist in the equities market this week. According to them, this will be driven by the significant appreciation recorded in the prices of major stocks quoted on the NSE last week. In their report for the week released on […]
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Is Rebound in Housing Creating Another Bubble?
There’s no doubt that the housing market has recovered from the collapse that squashed sales and pummeled prices. The median price for sales of existing homes is now 12% higher than a year ago, inventories of those homes are at a 13-year low and the number of homeowners owing more […]
Rights Issue: TRANSCORP to Increase Share Capital to N22.55 billion
By Our Correspondent Lagos (INVESTADVOCATE)- Transnational Corporation of Nigeria (TRANCORP) Monday said it intends to increase its Authorised Share Capital from N18 billion to N22.55 billion Ordinary Shares of 50 Kobo each through a Rights Issue. This is contained in a Notice from the Company to the Nigerian Stock Exchange […]
