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Nigerian Bourse Ends Last Trading Week of 2015 with 6.59% Gain

  By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) ended the year with a gain of 6.59 percent on its last trading day of 2015 as all-share index (ASI) closed… Read more »


Equity Assurance List 5.15 Billion Supplementary Shares

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Equity Assurance Plc on Thursday added a total of 5,152,701,580 ordinary shares of 50 kobo arising from placing at N0.50 per share. The company… Read more »

NSE Gains 3.79% to Reverse Recent Losses

  By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday gained 3.79 percent to reverse recent losses. At the close of trading on the local bourse, all share index… Read more »


IOSCO Names Paul P. Andrews of FINRA Secretary General

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Board of the International Organisation of Securities Commissions (IOSCO) on Wednesday announced it has appointed Paul P. Andrews as its new Secretary General. IOSCO… Read more »


NSE Suspends Article 88(B)(4)(B) Rules & Regulations Governing Dealing Members

December 14, 2015/NSE NOTICE IS HEREBY GIVEN THAT, Article 88(b)(4)(B) of the Rules and Regulations Governing Dealing Members (Amendments and Additions, Part I) titled “Trade Types” which became effective upon… Read more »

JOHANNESBURG, SOUTH AFRICA - OCTOBER 25: President of Dangote Group Aliko Dangote on October 25, 2010 in Johannesburg, South Africa. (Photo by Gallo Images / Sowetan / Munyaradzi Chamalimba)

Tiger Brands to Divest 65.7% Stake of Nigerian Unit to Dangote Industries

December 14, 2015/NSE Announcement regarding Agreement between Tiger Brands Limited and Dangote Industries Limited in Respect of Tiger Brands’ Shareholding in Tiger Branded Consumer Goods Plc. of Nigeria (“TBCG”) INTRODUCTION… Read more »

Capital Market: Primary Tool to Bridge Nigeria’s Infrastructure Finance Gap – FBNQuest

December 14, 2015/FBNQuest Kayode Akinkugbe, the Managing Director FBN Capital Limited, a part of FBNQuest, has highlighted that the commercial banking community alone cannot meet the requirements for Nigeria’s infrastructure… Read more »

SEC commences e-dividend registration

December 14, 2015/SEC The Securities and Exchange Commission (SEC) has advised all shareholders and investors in the Nigerian Capital market to approach their banks or Registrars to complete the e-Dividend… Read more »

Bears Resurface on Nigerian Bourse, Index Down 0.33% to Open Week

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Monday resurfaced on the Nigerian bourse to open the week low as all share index (ASI) dipped 0.33 percent to close at… Read more »

Alibaba agrees on $266 million acquisition deal with South China Morning Post

Dec 13, 2015/Reuters Alibaba Group Holding Ltd (BABA.N) has agreed on a HK$2.06 billion ($265.8 million) deal to acquire the South China Morning Post and other media assets of SCMP… Read more »