Tag: Investors

Nigeria’s Zenith Bank in $850 mln London listing

* Listing to aid Zenith raise equity in future – CEO * Joins three other Nigerian lenders in London * To grow from financing infrastructure, power sectors Nigeria’s Zenith Bank listed $850 million worth of its ordinary shares on the London Stock Exchange as global depository receipts (GDRs) at $6.80 […]

NSE Directive on Capital Market Information: Afrinvest Halt Mailing of Daily Market Report

By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-Dealing Member and Investment Research Firm, Afrinvest West Africa Limited Thursday said it will temporarily suspend the mailing of our Closing share prices, Nigeria Daily Stock Market Report and other market reports pending the resolution of the newly introduced licensing directive by the Nigerian Stock […]

Goldman mortgage appeal rejected by Supreme Court

Goldman Sachs Group Inc suffered a defeat on Monday as the U.S. Supreme Court let stand a decision forcing it to defend against claims it misled investors about mortgage securities that lost value during the 2008 financial crisis. Without comment, the court refused to consider Goldman’s appeal of a September […]