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SEC, DMO to Collaborate on Issuance of Nigeria’s First Sovereign Sukuk

January 19, 2016/SEC The aspiration for issuing Nigeria’s first sovereign sukuk received a huge boost yesterday as the Securities and Exchange Commission (SEC) and the Debt Management Office (DMO) committed… Read more »

Shareholders of Forte Oil to Get Bonuses in March 2016

By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) has issued oil marketing firm, Forte Oil Plc until March 2016 to issue bonuses its shareholders the one (1) bonus share… Read more »

GE to sell appliances business to China’s Haier for $5.4 billion

January 15, 2016/Reuters Haier Group said it would buy General Electric Co’s appliance business for $5.4 billion, the Chinese company’s latest attempt to boost its presence in the lucrative United… Read more »

TRANSCOHOT List Series 1 Bond at N1, 000 per Note

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Transcorp Hotels Plc (TRANSCOHOT), the hospitality unit of Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc (TRANSCORP) on Monday listed its N10 billion… Read more »

Transcorp Hotels to List N10 Billion Series 1 Bond

By InvestAdvocate Lagos (INVESTADVOCATE) – Transcorp Hotels Plc, the hospitality unit of Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc will list N10 billion (Series 1) bond on the Nigerian… Read more »

E-dividend will reduce infractions – SEC DG

January 14, 2016/SEC Director General of the Securities and Exchange Commission (SEC) Mounir Gwarzo has described the e-Dividend platform as a game changer in the market that will ensure that… Read more »

United Capital Plc closes US$250 million pre-payment facility deal with Orion Oil

January 8, 2016/United Capital Plc United Capital Plc has made one of the largest transactions structured by an African bank in 2015. Last December, the investment bank achieved a US$250… Read more »

 

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