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NGX Opens February Trading Positive, As Investors Gain N142Bn
Trading at the Nigerian Exchange (NGX) closed positive today amidst buy-interests and sell-offs as bulls dominated the session, thereby increasing the broad market performance Consequently, the equities market’s All-share Index (ASI) appreciated by 0.49% to close at 53,499.68 points while the market capitalization grew by N142 billion to close at N29.139 trillion. The market’s indices […]
U.S SEC Amends Filing Fee Disclosure, Payment Methods
The United States’ Securities and Exchange Commission (SEC) has adopted amendments to modernize filing fee disclosure and payment methods. Under the revised methods, operating companies and investment companies (funds) pay filing fees when engaging in certain transactions, including registered securities offerings, tender offers, and mergers and acquisitions. The amendments revised most fee-bearing forms, schedules, and […]
Bill Gates Stakes $902Mn In Heineken Holding NV
Global leading technology solutions provider and philanthropist, Bill Gates, has invested $902 million as a minority shareholder in Heineken Holding NV, the majority shareholder in the world’s second largest brewer. Disclosure on the deal based on filing with the Dutch capital market regulator indicated that the Microsoft investor acquired 3.8%b equity in Heineken Holding NV. […]