13

May

Nigeria, South Africa, 12 others begin cross-border securities trading

Nigeria and 13 Africa’s largest economies and capital markets have created a unified platform for trading of securities. The breakthrough promises to enhance free flow of investments across the continent without hitches. The other countries involved in the first phase of the cross-border trading are: South Africa, Egypt, Kenya, Mauritius, Casablanca, Benin, Burkina Faso, Guinea Bissau, Côte[…]

13

May

CAP Plc proposes scrip dividend to shareholders

The Directors of Chemical and Allied Products Plc have proposed for the shareholders’ approval at the AGM, a scrip dividend that would give interested Shareholders the option to elect to receive new ordinary shares in the Company instead of the dividend in cash. The scrip dividend election scheme gives Qualifying Shareholders the opportunity to choose to receive[…]