DURATION OF INVESTMENT OF THE WEEK Preferred stocks: Preferred stocks, more commonly known as preferred stocks, are shares of a company whose dividends are paid to shareholders before the issuance of common stock dividends. If the company goes bankrupt, the preferred shareholders are entitled to be paid out of the assets of the company before …

By Peter Egwuatu The Securities and Exchange Commission, SEC, has launched a risk-based management rule in the Nigerian capital market. The Commission has also instructed the Risk Management Association of Nigeria, RIMAN, to provide its experience on its rules for managing exposed risks which would help deepen the capital market. READ ALSO: Mixed trends, as …

The company’s shares will remain in suspension from trading until Wednesday, September 15 or when an announcement is released to the market. Golden Rim Resources Ltd (ASX: GMR) has been granted a trading halt by ASX as it prepares to make a capital increase announcement. The stop will remain in place until the start of …

Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat Ul Islam has expressed strong optimism that the capital market will continue to flow, saying that no quarter invested can now engage in any deed. criminal in the stock market as in the past. “The government is working to ensure a good business environment. As …

The company’s shares will remain on hold until Tuesday, September 14 or when an announcement is released to the market. Anson Resources Ltd (ASX: ASN) has been granted a halt to trading by ASX as it prepares to make a fundraising announcement. The stop will remain in place until the start of regular trading on …

The AMA SA Group [ASX:AMA] The share price is on hiatus today after announcing a $ 150 million fundraiser to strengthen its balance sheet. AMA expects the capital injection to offset the disruption caused by the pandemic. The disruption that has seen AMA stocks drop 35% in the past 12 months. Source: Tradingview.com AMA to …

Exscientia Limited (“Exscientia”), UK holding company of Frontier IP Group, announced yesterday that it has entered into a US $ 70 million collaboration, over a four-year period, with the Strategic Investment Fund (SIF) of the Bill & Melinda Gates Foundation to develop viral therapeutics against the coronavirus and other viruses with pandemic potential. VSA Morning …

By Aduragbemi Omiyale The federal government has received approval to present a budget of 13.98 trillion naira to the National Assembly for fiscal year 2022. This authorization was given on Tuesday by the House of Representatives during the adoption of the Medium-Term Expenditure Framework / Budgetary Strategy Document (CDMT / FSP) 2022-2024 barely a week …

Phillip Britt (Aussie Broadband) Credit: Aussie Broadband Aussie Broadband completed a $ 114 million equity offering to secure mergers and acquisitions (M&A), among other growth opportunities. The placement, which consisted of 28.5 million common shares at $ 4 per share, is also expected to be used for the development of new business and technology products …

Wednesday, September 08, 2021 / 6:47 PM / Ottoabasi Abasiekong for WebTV / Header image credit: WebTV Investors support and show great interest in long-term financing geared towards specific projects covering areas such as electricity, housing and infrastructure, among others. The statement was made by the President of the Chartered Institute of Securities Brokers, Mr. …