By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc (UNILEVER) has said that its proposed Rights Issue will be priced at N30.00 per share on the basis of 14 new ordinary share for every 27 ordinary share held, the company in a market bulletin to the Nigerian Stock Exchange […]
Updates
Nigeria to sign OECD’s Multilateral Instrument that will automatically amend its existing tax treaty
Culled—-Proshare June 29, 2017/PWC On 14 June 2017, the Federal Executive Council (FEC) approved a memo submitted by the Minister of Finance seeking Nigeria’s inclusion as a signatory to the OECD’s Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”). […]
ASI: Intraday Update
June 29, 2017/InvestmentOne Research ASI as at 12.00pm: +0.35% Market movers: DIAMONDBNK (+5.00%), FBNH (+4.57%), LIVESTOCK (-4.76%), SKYEBANK (-4.69%) Sector Performances: Banking (+1.04%), Oil & Gas (+0.65%), Consumer Goods, Industrial Market activity: Investors have exchanged c.38m units of shares worth N348m so far today, representing a considerable decline against the […]
