The management of Vitafoam Plc has received approval to raise N4bn from the capital market. The approval was given by its shareholders at the company’s Extra Ordinary General Meeting in Lagos. A statement by the company on Wednesday said the shareholders at the meeting authorised the management to raise the […]
Tag: Capital Market
Capital market recorded N631bn loss in August
Following an impressive showing in the first half of the year, the performance of equities in the capital market lately has been less cheerful, UDEME EKWERE writes The equities market of the Nigerian Stock Exchange was on a steady decline in the month of August, culminating in the loss of […]
First Registrars Launches Prepaid Card to Check Unclaimed Dividends
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s foremost Registrar, First Registrars will Thursday launch a new product “First Dividend Plus Prepaid Card†to eliminate the issue of unclaimed dividend that has posed challenges for the Nigerian Capital Market (NCM). In a letter dated August 01, 2013 with reference number FRN/BDD/YOL/MOA/2013 made […]
