June 5, 2017/Cordros Research Click here to download full PDF Copy of Report EQUITIES The bulls continue to dominate the domestic bourse, with the All Share Index adding 3.85% to record a new 52-week high, closing at 32, 578.38 points. Today’s strong performance pushed the Month-to-Date and Year-to-Date gains to […]
Updates
SEC Says will Revoke Registration of 400 Capital Market Operators on Non-Compliant of Data Update
June 5, 2017/SEC The Securities and Exchange Commission (SEC) is to revoke the registration of about 400 Capital Market Experts or Professionals who do not comply with the directive to provide updated information of their companies/firms by July 31, 2017. According to a circular from SEC, “any firm whose […]
NIPCO Gets SEC’s Approval to Buy-out Mobil Shareholders
Culled—Proshare Monday, June 05, 2017 1.34PM / Thisday Following the successful acquisition of 60 per cent equity stake of Mobil Oil Nigeria Plc by Nipco Investment Limited (NIL) from ExxonMobil Oil Corporation, the company has applied to regulators to acquire additional shares from minority shareholders. The financial transaction, which is […]
