Investors Bite

Unity Kapital Announces Resignation of CEO, CFO

August 9, 2016/NSE The board of Unity Kapital Assurance Plc at its meeting of 20th July, 2016 approved the resignation of the following with immediate effect: 1.      Mr. Michael Dogo (Managing Director/CE) 2.      Mr. Olugbenga Olasogba (Chief Finance Office) Messrs Babatunde Oshadiya (Executive Director Operations) and Olabode Okedun (Senior Manager […]

FMDQ Admits ₦16.79bn UPDC PLC Commercial Paper to its Platform

August 8, 2016/FMDQ OTC Having successfully met the requirements as contained in the FMDQ Commercial Paper (CP) Quotation Rules (the Rules), and subsequent to the approval of the FMDQ Board Listings, Markets and Technology Committee, the UACN Property Development Company (UPDC) PLC N16,799,893,000.00 CP (UPDC CP) was admitted for quotation […]

NSE Opens Week Bearish, ASI Down 0.11%, as Y-t-D Loss Hits 4.35%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday extended its bearish streak for the sixth consecutive day, as the all-share index (ASI) declined 0.11 percent to close at 27,398.98 points, while market capitalisation dropped N10.61 billion to and N9.41 trillion. “Today’s performance increased the Month-to-Date and Year-to-Date losses […]