Tue Apr 5, 2016/Reuters Nigerian conglomerate UAC group has suspended a planned rights issue due to a weak equity market and shareholders had rejected a proposal to issue preference shares via a private placement, Chief Executive Larry Ettah said on Tuesday. Ettah said the capital raising would happen at subsidiary […]
Updates
NSE: Bulls Reappear as ASI Rises 0.42% on ZENITH GTBank, NB Shares
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed in green as the all-share index (ASI) rose 0.42 percent on the back of the Banking and Consumer Goods indices to close at 25,454.75 points, while market capitalisation added N36.35 billion to N8.76 trillion. “Today’s positive performance […]
MasterCard Announces President, U.S. Issuers
April 56, 2016/Mastercard MasterCard today announced the appointment of Raj Seshadri as president, U.S. Issuers. In this new role, she will be responsible for managing and expanding the company’s partnerships with banks and credit unions across the U.S. market. “Raj brings a unique balance of analytical thinking and business-building creativity,” […]
