Following an impressive showing in the first half of the year, the performance of equities in the capital market lately has been less cheerful, UDEME EKWERE writes The equities market of the Nigerian Stock Exchange was on a steady decline in the month of August, culminating in the loss of […]
Author: InvestAdvocate
Nigeria’s SEC investigates pan-African Ecobank results – source
Nigeria’s securities regulator is investigating pan-African lender Ecobank over an alleged misstatement of its 2012 performance, a source at the Securities and Exchange Commission (SEC) said on Friday. Nigeria’s SEC held meetings with Ecobank’s board directors on Aug. 6 to discuss the issue, which was raised by a suspended former […]
Forte Oil Acquires Geregu Power Plant
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Forte Oil Plc said it has acquired the Geregu Power Plant under the recent privatization exercise carried out by the Bureau of Public Enterprise (BPE). The company in a notice to the Nigerian Stock exchange (NSE) said the purchase was done through the it’s subsidiary, […]
