Business News

NSE, stockbrokers commend Dangote over cement investment

The Dangote Group has said the management of the Nigerian Stock Exchange and stockbrokers have commended its investment in the cement industry and described it as a revolution in the transformation of the economy. The Director-General, NSE, Mr. Oscar Onyema, who led investors, leading players at the Exchange as well […]

Helios Towers Africa Raising $980 Million for Regional Expansion

Helios Towers Africa, the owner of telecommunications towers in three countries on the continent, is raising almost $1 billion in capital to expand in the region, Chief Financial Officer Andres de Orleans Borbon said. The Mauritius-based company has raised $630 million in equity from shareholders including International Finance Corp., the […]

BOC Gases Extends Terminal Date of Retiring MD to July 31

By InvestAdvocateLagos (INVESTADVOCATE)-BOC Gases Nigeria Plc on Tuesday said it has extended the terminal date for J.A Idowu its retiring managing director (MD) to July 31, 2014. The gas company in a notice to the Nigerian Stock Exchange (NSE) said that following the meeting of its directors held on Wednesday, […]