Author: InvestAdvocate

Nigerian naira falls vs dollar on strike fears

The Nigerian naira fell against the U.S dollar on the interbank foreign exchange market on Friday on fear the planned strikes and protests against a hike in fuel price could disrupt business activities next week.  The naira closed at 162.10 to the dollar, 1.32 percent weaker that the 159.95 to […]

IHS Plc records N613.7 million Loss in Q2 2011

By Investadvocate Lagos (INVESTADVOCATE)-IHS Plc has recorded a Loss of N613.662 million for the period ended October 31 2011. This was contained in the Result Announcement of the Company dated December 30 2011 to the Nigerian Stock Exchange and obtained by www.investadvocateng.com in Lagos Nigeria. To record the N613.7 million […]

Pinnacle Point Group renews cautionary notice ahead of delisting

By InvestAdvocate Lagos (INVESTADVOCATE) – South African Firm, Pinnacle Point Group has issued a renewal Cautionary Notice to its shareholders in preparation to delisting from the Nigerian Stock Exchange (NSE). The notice by the Company to the Nigeria’s Exchange dated January 04 2012 and obtained by www.investadvocateng.com reads thus: “ […]