By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange rally halted on Wednesday on profit-taking activities as all-share index (ASI) dipped 2.98 percent to close at 29,454.09 basis points, while market capitalisation dropped by N311.14 billion to N10.13 trillion. The decline at the local bourse came largely on losses recorded […]

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 […]

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 […]