Stakeholders in the Nigerian capital market have called on the Federal Government to expedite action on the expected forebearance (stimulus) package aimed at rejuvenating the market. According to the stakeholders, the equities market of the Nigerian Stock Exchange, which has been recording consistent losses in the last three weeks, would […]
Uncategorized
Intercontinental Wapic to raise N5bn additional capital
Shareholders of Intercontinental WAPIC Insurance Plc have approved the company’s Board of Directors’ plan to to raise additional capital of up to N5bn. The shareholders also approved the company’s bid to increase its share capital to N8.5bn. A statement by the company on Monday noted that the shareholders gave the […]
Conoil, Costain, Daar Comms, 30 other firms performs below listing Standard-Report
By InvestAdvocate Lagos (INVESTADVOCATE)-Conoil Plc, Costain West Africa Plc, Daar Communications Plc and 30 other Companies listed on the Floor of the Nigerian Stock Exchange (NSE) have been said to be performing Below Listing Standard (BLS). This is contained in the Nigeria’s Exchange X-Compliance Report as at June 01 2012 […]
