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Godstime Iwenekhai

NSE suspends trading in shares of Conoil, 10 other companies

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Temitope Adebayo The Nigerian Stock Exchange (NSE) on Tuesday suspended trading in the shares of 11 companies over delayed filing of accounts. NSE Head, Listings Regulation Department, Godstime Iwenekhai, stated this in a statement released to the newsmen in Lagos yesterday. Mr Iwenekhai said the affected companies were: Conoil, FTN Cocoa Processors, Goldlink Insurance, Lasaco […]

Prestige Assurance to clear N775m retained losses via share reconstruction

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Prestige Assurance has commenced effort at returning to profitability and boosting its equity value with new commitment to clean up its books for profitability and dividend payment. The move to erase mounting N775 million negative retained loss, will not only give room for higher performance, better equity pricing and share price growth, it will further […]