Oando fights against SEC injustice with court order
Oando fights against SEC injustice with court order OANDO Plc, has finally reacted strongly to the Securities & Exchange Commission’s (SEC’s) alleged findings following an investigation into the company which…
Financial recklessness: SEC directs NSE to suspend Oando’s shares over
Financial recklessness: SEC directs NSE to suspend Oando’s shares over THE Securities & Exchange Commission (SEC) has directed the Nigerian Stock Exchange (NSE) to place the shares of Oando…
Wema Bank issues notice of EGM, to embark on capital reorganization
Wema Bank issues notice of EGM, to embark on capital reorganization WEMA Bank Plc has issued a notice of an Extra-Ordinary General Meeting (EGM), seeking the consent of its Shareholders…
Equities market maintains negative trend …Mid-week trading losses N42bn
Equities market maintains negative trend …Mid-week trading losses N42bn The Nigerian equities market maintained the negative outlook of yesterday's loss to shed N42 billion today. The bourse closed lower…
No dividend for shareholders until we have positive retained earnings-Union Bank MD
No dividend for shareholders until we have positive retained earnings-Union Bank MD By Kayode Ogunwale MANAGING Director of Union Bank of Nigeria (UBN), Mr. Emeka Emuwa has said that,…
Investment Tribunal Chair Moves To Restore Investors’ Confidence
Investment Tribunal Chair Moves To Restore Investors’ Confidence TWO years after the Investments and Securities Tribunal was dissolved by the Federal Government, a new tribunal constituted last month has…
Flour Mills to raise N40bn rights issue
Flour Mills to raise N40bn rights issue FLOUR Mills of Nigeria Plc said its board has given approval in principle to the plans to commence with activities to raise…
Equity market opens week on positive trend, gains N176bn
Equity market opens week on positive trend, gains N176bn THE equities segment of the Nigerian Stock Exchange (NSE) opens on a positive note today despite a dip in both…
Coronation Asset Management lists three Mutual Funds on the stock exchange worth N2.17bn
Coronation Asset Management lists three Mutual Funds on the stock exchange worth WITHIN its first year of operation, Coronation Asset Management a subsidiary of Coronation Merchant Bank Limited today…
Guinness Nigeria’s $126 mln share sale oversubscribed
Guinness Nigeria's $126 mln share sale oversubscribed Guinness Nigeria’s billion share sale to existing shareholders was 116 percent subscribed, the company said on Wednesday. The brewer, the local unit…