By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) is yet to protecting investors on the breach of voluntary delisting of Cappa & D’Alberto Nigeria Plc since year 2009. Cappa & D’Alberto Nigeria operating in the construction sector of the Nigeria’s Exchange in March 2009 released itself from […]
Frauds & Scandals
Shareholders accuse ex-MTI directors of fraud
Shareholders of Mass Telecommunication Innovation Plc have accused five former directors of the company of illegally utilising about N5.2bn raised by the company through private placement in 2008. A petition written on behalf of the Chairman, MTI, Kasimu Garba, and other shareholders, to the Securities and Exchange Commission by Punuka […]
Nigeria’s Cocoa Output Seen by Industry Rising 10% in 2013-14
Cocoa output in Nigeria, the world’s fourth-biggest producer, is expected to advance by 10 percent in 2013-14 as rising prices last year lead to the planting of more disease-resistant beans, an industry group said. Cocoa rallied 21 percent in New York last year partly on speculation dry weather would damage […]
