Author: InvestAdvocate

Nigeria’s Naira Weakens for Second Day, Reversing Earlier Gains

Nigeria’s naira declined against the dollar for a second day, reversing an earlier advance, after demand for the U.S. currency increased. The currency of Africa’s biggest oil producer fell less than 0.1 percent to 157.8 per dollar as of 2:36 p.m. on the interbank market in Lagos, the commercial capital, […]

Access Bank Acquisition: Intercontinental Registrars wound up operations, advise shareholders to transfer accounts

By InvestAdvocate Lagos INVESTADVOCATE)-Intercontinental Registrars Limited Tuesday announced that is has wound up its operations in pursuant to the successful merger between Intercontinental Bank Plc (its parent company) and Access Bank Plc. The Company said this in a Notice to the Stock Exchange in Lagos Nigeria and advised Shareholders to […]

Pearson, Longman Group divest 51% Equity Stake from Longman Nigeria

By InvestAdvocate Lagos (INVESTADVOCATE)-Collective Majority Shareholders, Pearson Education Limited and Longman Group (Overseas Holdings) Limited, Tuesday announced the divestment of 51 percent (51%) of their combined holdings in Learn Africa Plc; formerly Longman Nigeria Plc. The Company said this in a Notice to the Nigerian Stock Exchange (NSE) and made […]