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Detailed Analysis of Issues in The Nigerian Capital Market
Regulatory Authority Fees
Company
Reg.fees SEC N'm
List(fees) NSE N'm
Stamp Duties N'm
Filing Fees(CAC)
Others N'm
Sub-total N'm
CRUSADER INSURANCE (NIG)PLC
1.99
0.42
0.04
0.09
0.02
2.56
PRUDENT BANK PLC
12.67
_
_
_
_
12.67
FIDELITY BANK PLC
31.54
44.38
_
_
_
75.92
OMEGA BANK PLC
9.96
12.69
_
_
_
22.65
ZENITH BANK PLC
109.46
207.07
_
_
_
316.53
INTERCONTINETAL BANK PLC
86.26
167.38
_
_
2.06
255.70
AFRICAN PETROLEUM PLC
56.96
65.83
_
_
1.08
123.87
GUARANTY BANK PLC
56.76
107.54
35.00
_
_
199.30
MUTUAL BENEFIT ASSSURANCE PLC
3.10
3.80
_
_
_
6.90
UAC OF NIG.PLC
31.58
47.53
7.50
10.00
0.57
97.18
VONO PRODUCT PLC
4.05
4.85
1.50
1.00
0.05
11.45
FLOUR MILLS OF NIG PLC
29.97
53.59
7.50
10.00
0.66
101.72
CORNERSTONE INSURANCE PLC
7.55
9.07
_
_
0.10
16.72
R.T.BRISCOE (NIG) PLC
10.17
10.61
3.01
4.03
_
27.82
GATEWAY BANK PLC
14.31
_
15.00
20.00
_
49.31
NEM INSURANCE PLC
3.10
3.84
_
_
_
6.94
JOS INTL BREWERIES PLC
8.64
10.63
_
_
_
19.27
IMPRESIT BAKOLORI PLC
0.06
_
0.07
0.02
_
0.15
WEMA BANK PLC
91.26
102.52
75.00
0.02
_
268.80
OANDo PLC
93.33
162.96
_
_
_
256.29
NIGER INSURANCE PLC
6.21
7.53
_
_
2.85
16.59
INCAR NIG PLC
3.02
3.02
7.00
0.01
_
13.05
FIRST ASSURANCE PLC
4.01
2.16
0.59
1.25
_
8.01
TRADE BANK PLC
8.76
11.02
15.00
5.00
_
39.78
OCEANIC BANK PLC
94.38
178.14
20.09
0.58
32.46
325.65
UBA PLC
73.76
129.71
25.08
1.81
_
w
WEMA SECURITIES&FIN PLC
5.30
_
__
_
_
5.30
Top
Market Operator Fees
Company
Issuing House N'm
Stockbrokers N'm
Underwriters N'm
Registrars N'm
Financial adv. N'm
Trustees N'm
Receiving Bank N'm
Receiving Agent N'm
Others N'm
Sub-total N'm
PRUDENT BANK PLC
3.99
0.29
3.44
0.20
_
_
_
_
_
7.92
FIDELITY BANK PLC
22.86
_
_
1.20
_
_
_
11.43
_
58.35
OMEGA BANK PLC
30.00
_
_
_
_
_
_
_
_
30.00
ZENITH BANK PLC
15.75
0.75
_
0.50
_
_
_
_
_
17.00
INTERCONTINETAL BANK PLC
214.08
81.00
_
10.50
_
_
_
_
_
305.58
AFRICAN PETROLEUM PLC
206.25
75.00
_
4.00
_
_
_
165.00
_
450.25
GUARANTY BANK PLC
108.00
10.00
_
2.00
_
_
_
_
_
120.00
MUTUAL BENEFIT ASSSURANCE PLC
100.00
10.00
_
61.84
_
_
_
212.00
_
383.84
UAC OF NIG.PLC
4.65
0.75
_
0.20
_
_
_
3.10
_
8.70
VONO PRODUCT PLC
37.27
9.44
_
0.95
_
1.50
17.55
10.87
_
77.58
FLOUR MILLS OF NIG PLC
6.04
3.00
0.62
0.45
_
_
_
4.03
_
14.14
CORNERSTONE INSURANCE PLC
52.42
6.55
_
_
_
_
_
_
5.72
64.69
R.T.BRISCOE (NIG) PLC
12.00
0.65
_
0.50
_
_
_
4.62
_
17.77
GATEWAY BANK PLC
12.31
3.43
1.50
0.53
_
_
8.78
_
_
26.55
NEM INSURANCE PLC
30.33
_
1.73
_
_
_
_
21.10
_
53.60
JOS INTL BREWERIES PLC
2.41
0.50
_
0.30
_
_
_
_
0.20
3.41
IMPRESIT BAKOLORI PLC
17.71
2.00
_
0.75
_
_
_
2.99
_
23.45
WEMA BANK PLC
0.19
_
_
_
_
__
_
0.06
0.24
0.49
OANDo PLC
230.26
78.75
_
0.80
_
_
_
184.21
2.19
496.21
NIGER INSURANCE PLC
375.95
11.88
_
67.43
_
_
_
_
159.98
615.24
INCAR NIG PLC
4.13
4.95
_
0.36
_
3.30
5.94
_
_
18.68
FIRST ASSURANCE PLC
5.13
0.30
_
0.25
_
_
_
2.44
_
8.12
TRADE BANK PLC
2.25
1.13
_
1.49
_
_
_
_
_
4.87
OCEANIC BANK PLC
10.00
1.20
_
2.00
_
_
_
10.00
_
23.20
UBA PLC
219.63
152.00
_
20.50
_
_
_
175.62
_
567.75
WEMA SECURITIES&FIN PLC
18.00
45.73
_
0.75
1.50
_
29.92
140.00
_
235.90
 
5.40
_
_
4.00
_
_
0.35
_
_
9.75
Top
Professional Fees
Company
Solicitor to Company N'm
Solicitors to Issues N'm
Solicitors to Trustees N'm
Auditors N'm
Reporting Acct N'm
Others N'm
Sub-total N'm
CRUSADER INSURANCE (NIG)PLC
_
_
_
_
_
_
_
PRUDENT BANK PLC
_
0.61
_
_
_
_
0.61
FIDELITY BANK PLC
N/A
1.00
N/A
N/A
_
 
1.00
OMEGA BANK PLC
_
0.50
_
0.53
_
 
1.03
ZENITH BANK PLC
5.00
5.00
_
15.90
18.87
 
44.77
INTERCONTINETAL BANK PLC
4.00
8.00
_
_
8.33
_
20.33
AFRICAN PETROLEUM PLC
1.50
2.00
_
_
_
5.80
13.40
GUARANTY BANK PLC
_
6.00
_
1.50
7.00
_
14.50
MUTUAL BENEFIT ASSSURANCE PLC
_
0.30
_
0.50
_
_
0.80
UAC OF NIG.PLC
_
_
_
_
_
_
_
VONO PRODUCT PLC
0.12
0.40
_
0.25
0.30
_
1.07
FLOUR MILLS OF NIG PLC
_
1.50
_
_
1.50
_
3.00
CORNERSTONE INSURANCE PLC
0.50
_
_
0.35
_
0.70
1.55
R.T.BRISCOE (NIG) PLC
_
0.47
_
0.53
0.63
_
1.63
GATEWAY BANK PLC
_
_
_
0.15
_
_
0.15
NEM INSURANCE PLC
0.20
0.19
_
0.50
_
_
0.89
JOS INTL BREWERIES PLC
0.75
1.00
_
0.75
2.50
0.75
5.75
IMPRESIT BAKOLORI PLC
_
0.08
_
_
_
_
0.08
WEMA BANK PLC
_
2.40
_
1.91
12.86
_
17.17
OANDo PLC
10.00
15.00
_
_
8.00
20.89
53.89
NIGER INSURANCE PLC
0.24
0.33
_
0.33
_
_
0.90
INCAR NIG PLC
0.10
0.25
_
0.20
_
1.13
1.68
FIRST ASSURANCE PLC
0.35
0.40
_
0.35
0.40
_
1.50
TRADE BANK PLC
0.50
0.75
_
1.00
_
_
2.25
OCEANIC BANK PLC
10.00
10.00
_
5.00
12.50
_
37.50
UBA PLC
5.00
5.00
_
_
3.50
_
13.50
WEMA SECURITIES&FIN PLC
0.20
0.35
_
_
0.30
_
0.30
Top
Others [Fees]
Company
Adv. & Publicities N'm
Printing & Dist. N'm
mescllenouse N'm
Others N'm
Sub-total N'm
Grand Total N'm
Gross Proceeds N'm
TT.cost as % of Gross Proceeds N'm
Type of Issue
CRUSADER INSURANCE (NIG)PLC 0.27 0.44 _ _ 0.71 11.19 159.09 7.0% PREFERENCE SHARES
PRUDENT BANK PLC 3.08 4.62 _ _ 7.70 56.47 1,142.95 4.9% RIGHTS ISSUES
FIDELITY BANK PLC _ _ _ _ _ 106.9 x 2 5,555.30 4.0% RIGHTS ISSUES & PRIV. PLACEMENT
OMEGA BANK PLC 14.65 3.27 2.04 _ 19.96 60.64 1,265.72 4.8% RIGHT ISSUES
ZENITH BANK PLC 64.87 71.26 1.20 20.61 157.94 1,038.90 20,388.67 5.1% OFFER FOR SUBSCRIPTION
INTERCONTINETAL BANK PLC _ 205.00 2.07 _ 207.07 933.35 16,500.00 5.7% OFFER FOR SUBSCRIPTION
AFRICAN PETROLEUM PLC 29.99 59.97 3.75 4.50 98.21 355.48 4,998.45 7.1%  
GUARANTY BANK PLC 160.09 32.59 21.50 _ 214.18 811.82 10,600.00 7.7% OFFER FOR SUBSCRIPTION
MUTUAL BENEFIT ASSSURANCE PLC 2.05 0.30 0.20 _ 2.55 18.95 310.00 6.1% RIGHT ISSUES
UAC OF NIG.PLC 14.80 33.46 0.60 _ 48.86