Author: InvestAdvocate

Indices rise further by 0.84 percent

THURSDAY, 16 DECEMBER 2010 00:00 BY HELEN OJI AND FEMI ADEKOYA EQUITIES trading on the floor of the Nigerian Stock Exchange (NSE), yesterday, continued on a bullish note as corporate performance indicators rose by 0.84 per cent. At the close of transactions yesterday, the market capitalisation of listed equities rose by […]

Reps to abide by outcome of public hearing on unclaimed dividend

THURSDAY, 16 DECEMBER 2010 00:00 BY MOSES EBOSELE THE House of Representatives Committee on Capital Market, yesterday, pledged to abide by the outcome of the recently held public hearing on unclaimed dividend and abandoned property. Chairman of the committee, Umar Baba Jubril, explained that submissions received from stakeholders during the public […]

NBC Delisting: N43.00 compensation not enough-ISAN President

By Peter OBIORA investadvocate Dec 16 2010 05.12 GMT Lagos (INVESTADVOCATE)-The proposed N43.00 compensation for minority shareholders following the plans by Nigerian Bottling Company (NBC) to delist from the Nigerian Stock Exchange (NBC) is not enough.   Sir Sunny Nwosu, President of the Independent Shareholders Association of Nigeria (ISAN) made this […]