By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc is seeking to buy a mid-sized commercial Bank and will seek shareholders approval in May 2016 to enter talks for the deal, a Reuters report quoted Tunde Mabawonku, its chief financial officer (CFO) on Monday. “Wema Bank is keeping a close […]
Tag: Securities and Exchange Commission
SEC holds Q1 2016 CMC meeting
April 10, 2016/SEC The Securities and Exchange Commission (SEC) is ready to host the First Quarter 2016 Capital Market Committee (CMC) meeting scheduled to hold in Lagos next Wednesday (April 13, 2016). According to a statement from SEC, the meeting is scheduled to hold at the Federal Palace Hotel, Lagos and top on the agenda […]
SEC Announces the Collection of 1,662 Share Certificates Recovered from ACML
April 8, 2016/SEC Culled—– Proshare This is to inform the Clients of Alliance Capital Management Ltd (ACML) that the Securities and Exchange Commission has in its custody 1,662 share certificates recovered from Alliance Capital Management Ltd. In view of the above, the Clients whose names appear in the attached lists are hereby advised to visit […]