February 19, 2016 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday said it has proposed to give its approval for block divestments in its amendments to Rule 15.31 on “Block Divestments in Equities” in the Rulebook of the Exchange, 2015 under its Dealing Members’ Rules. In […]
Tag: Securities and Exchange Commission
Equator Capital acquires 657,000 shares in Fortis
February 14, 2016/Daily Trust Fortis MFB Plc recently took a major step forward, which the bank said it was pleased to share with its stakeholders. The bank has agreed to accept Messrs. Equator Capital Partners investment in the bank by way of a Special Placement of 656,666,668 Ordinary Shares of […]
Investors to receive dividends in 24 hours – SEC
February 11, 2016/SEC For the first time in the history of any capital market in Africa, investors in the Nigerian Capital market are now to get dividend payment within 24 hours through the e-Dividend Payment Platform. Director General of Securities and Exchange Commission (SEC) Mounir Gwarzo made this disclosure at […]
