The Nigerian Stock Exchange has said some moribund companies were still listed in the capital market because a lot of processes are involved before they can be de-listed.
The Director-General NSE, Prof. Ndi Okereke-Onyiuke, said this in Lagos, on Thursday, while briefing journalists.
She said, “It is not just easy to de-list companies. There are processes involved [...]
Archive for April 1st, 2008
Why moribund companies are not de-listed –NSE
April 1, 2008Equity Assurance to increase capital to N7bn
April 1, 2008The Board of Directors and shareholders of Equity Assurance Plc have passed a resolution to increase the authorised share capital of the company from N5bn to N7bn, during its extra-ordinary general meeting in Lagos on Monday.
It was agreed that the authorised share capital be increased by the creation of four billion ordinary shares of 50k [...]
