Investors Bite

NSE to Pass Resolution on Demutualisation at 55th AGM Tomorrow

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) will Thursday June 23, 2016 hold its Fifty-Fifth Annual General Meeting (AGM) to consider and if thought fit to pass as a Special Resolution to commence the process leading up to the Demutualisation of The Exchange The NSE says it will transact […]

Egypt’s EFG-Hermes to return $122 mln to shareholders

Sun Jun 12, 2016/Reuters Egypt’s EFG-Hermes plans to distribute 1.08 billion Egyptian pounds ($122 million) to shareholders and step up its growth strategy after selling a 40 percent stake in Lebanese lender Credit Libanais, it said on Sunday. Having completed the $310 million stake sale last week, Egypt’s largest investment […]