Investors Bite

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 accept Messrs. Equator Capital Partners investment in the bank by way of a Special Placement of 656,666,668 Ordinary Shares of […]

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 hours through the e-Dividend Payment Platform. Director General of Securities and Exchange Commission (SEC) Mounir Gwarzo made this disclosure at […]

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 issue of 600,000,000 ordinary shares of 50 Kobo each at N3.30 per share on the basis of three (3) new […]