Tag: Nigerian Stock exchange

First Bank, 3 Others Fined N4.7 million for Non-Approval of Publication by NSE

By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-First Bank of Nigeria Plc (FBN), Unity Bank Plc, Multiverse Plc and Costain West Africa Plc were fined the sum of N4.7 million for failing to obtain the Nigerian Stock Exchange’s (NSE’s) prior written approval before publication in year 2012. This is contained in schedule […]

Universal Insurance, African Alliance set to merge

Universal Insurance Plc has announced a proposed merger with African Alliance Insurance Plc. In a pre-merger notice to the Nigerian Stock Exchange on Friday, broker to one of the parties, APT Securities and Funds Limited, said following the merger, the surviving entity would be referred to as Universal Alliance Insurance […]