By InvestAdvocate Lagos (INVESTADVOCATE)-First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc said on Thursday it has reached agreement to release through its wholly owned subsidiary Newton Energy Limited the sum of $408 million which was held in an escrow account. Seplat disclosed this in an issuer’s announcement […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The top two (2) world building materials and cement producers, Holcim and Lafarge on Friday announced it has concluded its merger deal and has emerged a new leader in the building materials industry. “All conditions for the completion of the merger have been fulfilled following […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Friday that with the successful completion of its public exchange offer and the expected closing of the merger with Lafarge, Andreas Leu and Bernard Terver will step down from the […]