Eromosele Abiodun writes that the recent upsurge in the share price of Transnational Corporation of Nigeria (Transcorp) Plc may be difficult to sustain considering the underlying fundamentals When benchmarked against the Nigerian Stock Exchange’s All Share Index (ASI), the conglomerates sector generally underperforms, given the average return from the equities […]
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UPDC REIT set for N30bn IPO
All is set for the Initial Public Offer of UACN Property Development Company Plc’s Real Estate Investment Trust, which will kick off on February 19, 2013. The REIT seeks to raise N30bn by way of IPO of 3,000,000,000 units of N10 each at par. The offer document was signed by […]
Twenty Two Billion Brokers Forbearance Controversy: Another View
BY VICTOR OGIEMWONYI Victorogiemwonyi@gmail.com In December 2012′ the Minister of Finance and the Coordinating Minister of the Economy Dr Ngozi Okonjo Iweala announced a package of measures designed to boost confidence in the Nigerian Capital Market and particularly to bring investors back to the Nigeria Stock Market. She stated some […]
