By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) and shareholders of Nigerian Breweries Plc (NB Plc) has approved the acquisition of Sona Breweries and Life Breweries Company Limited in one of the biggest brewery acquisition in Africa. Nigerian Breweries Friday announced the acquisition through a notice to the Nigerian […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) has said its Rights Issue will go for N6.81 Kobo per share and it would offer five (5) new Ordinary Shares for nine (9) Ordinary Shares held. The Bank on Thursday in Lagos Nigeria notified the Nigerian Stock Exchange (NSE) that […]

By Udeme Ekwere The shares of Afroil Plc, Union Dicon Salt Plc and 13 other companies are still on full suspension by the Nigerian Stock Exchange. The firms were suspended in July by the NSE for their failure to submit their results for the September and December 2010 financial year […]