Some insurance firms in Nigeria have reportedly resorted to selling off their real estate assets, as the new recapitalisation deadline set by NAICOM draws nearer.
NSE traded in positive territory on Friday as the market indicator grew 0.38% to close at 26,968.79 index points.
The NSE has fined some listed companies to the tune of N487.7 million over their failure to file their financial statements to the bourse.
Stocks to watch this week comprises the top gainer and loser.
According to the Nigeria Stock Exchange’s (NSE) X-compliance report for August 2017, AMCON executed a block divestment of its stake in Niger Insurance Plc amounting to...