By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said Wednesday it has recorded a 100 percent compliance rate on dealing members first-half (H1) regulatory filing which was due August 17, 2015. “This attainment bodes well with the Exchange’s implementation of its zero tolerance policy for infractions as all […]
Capital Market
Diageo Says to Increase Equity Stake in Guinness Nigeria to 70%
By InvestAdvocate Lagos (INVESTADVOCATE) – British multinational alcoholic beverages company Diageo Plc through its wholly owned subsidiary Guinness Overseas Limited plans to increase its equity stake in Guinness Nigeria Plc to 70 percent from 54.3 percent, the Nigerian brewer said on Wednesday in an issuer’s announcement with the Nigerian Stock […]
Bulls Sustain Rally as Nigerian Equities Gain 1.02%
By InvestAdvocate Lagos (INVESTADVOCATE)-Bulls on Tuesday sustained its rally on the Nigerian equities market as all-share index (ASI) gained 1.02 percent to close at 30,358.87 basis points, while market capitalisation grew by N105.46 billion to N10.44 trillion. Today’s rally was boosted by the shares of lender, Zenith Bank Plc 8.84 […]
