By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Equities market on Wednesday sustained its bearish streak as all share index (ASI) declined 0.10 percent to close at 27,287.89 basis points, while market capitalisation dipped by N8.98 billion to N9.38 trillion. Cordros daily market update reports today’s loss extended the Month-to-Date (M-t-D) […]
Capital Market
Transcorp Ughelli Power Limited Now Transcorp Power Limited on Merger
By InvestAdvocate Lagos (INVESTADVOCATE)-The power unit of Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) has announced Transcorp Ughelli Power Limited and Ughelli Power Plc has now transformed to Transcorp Power Limited coming on the heels of a successful merger. “This marks a significant milestone in the corporate history […]
PZ Says Shareholders Endorse Merger of Three Firms
By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent maker, PZ Cussons Nigeria Plc said on Wednesday, its shareholders has approved merger of its three (3) firms, a Proshare report quoted cardinal Stone Research. “Shareholders of PZ Cussons Nigeria Plc, PZ Towers Limited and PZ Power Company Limited approved the merger of the […]

