By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The board of directors of beverage makers, Cadbury Nigeria Plc Friday said it’s insisting that trading in shares of the company remain on full suspension at the Nigerian bourse until a certificate of decrease in share capital has been issued. The company in a notice […]
Author: InvestAdvocate
Nigeria c.bank tightens rules for currency dealers to support naira
* Central bank to require dealers to park naira at c.bank before currency auctions * Naira has fallen 2.9 percent so far this year * Dealers say latest move unlikely to halt slide in local currency * Central bank has been selling $800 mln weekly at forex auctions Nigeria’s central […]
Google to own $750 million Lenovo stake after Motorola deal closes: HK exchange
Internet search company Google Inc will own a 5.94 percent stake in China’s Lenovo Group Ltd worth $750 million once Lenovo’s deal to buy Google’s Motorola handset division closes, according to a disclosure on the Hong Kong stock exchange. Google would take 618.3 million Lenovo shares at $1.213 per share, […]
