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OER Says Shareholders Approve “Plan of Arrangement” with Oando Plc

February 25, 2016/OER Oando Energy Resources Inc. announced that at a special meeting of its shareholders held today, its shareholders overwhelmingly approved the previously announced plan of arrangement (the “Plan… Read more »

SEC, Judiciary collaborate on Investor Protection

February 24, 2016/SEC The Securities and Exchange Commission (SEC) and the Nigerian Judiciary have pledged to collaborate in a bid to boost investor confidence in the dispute resolution mechanisms available… Read more »

FBN Holdings “Issues Profit Warning” for 2015 Audited Year End

By InvestAdvocate Lagos (INVESTADVOCATE)-FBN Holdings Plc on Wednesday issued a profit warning for the year ended December 31, 2015, the financial Holdco said in an issuer’s announcement with the Nigerian… Read more »

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… Read more »

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… Read more »

Portland Paints Files to List 1.98 Billion Naira Shares on NSE

By InvestAdvocate Lagos (INVESTADVOCATE)-Paint producer, Portland Paints and Products Nigeria Plc on Tuesday said it has applied to the Nigerian Stock Exchange (NSE) for approval and listing of a rights… Read more »

SEC Takes e-Dividend Registration Sensitisation Campaign to Lagos

 February 2, 2016/SEC The Securities & Exchange Commission (SEC) is set to commence another round of sensitisation campaign on e-Dividend Registration which is currently on-going in the country. This next… Read more »

GLAXOSMITH Receives Offer from Suntory Beverage & Food Ltd to Divest Bottling, Distribution of Drink Business

Click here to view full announcement By InvestAdvocate Lagos (INVESTADVOCATE)-Drugmaker, GlaxoSmithKline Consumer Nigeria Plc (GSK) on Thursday announced that it has received a non-binding offer from Suntory Beverage & Food… Read more »

Tiger Branded to Hold Board Meeting January 29

By InvestAdvocate Lagos (INVESTADVOCATE)-Tiger Branded Consumer Goods Plc has notified the Nigerian Stock Exchange (NSE) it would hold its next board meeting on Friday January 29, 2016, according to a… Read more »

Courteville Issues Profit Warning for 2015 Financial Year

January 25, 2016/NSE Following the review of its 2015 draft management accounts, the board of Directors of Courtville Business Solutions Plc wishes to inform its esteemed shareholders and potential investors… Read more »