By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s conglomerate, Transnational Corporation of Nigeria Plc said on Wednesday its power generating unit at Ughelli Power Plant increased available capacity to 300 percent from takeover. Emmanuel Nnorom, president/CEO of the conglomerate disclosed during a visit to the Nigerian Stock Exchange (NSE) that the development […]
Capital Market
LafargeHolcim Offers investors 1 for 20 Scrip Dividend
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-World’s leading cement, aggregates and concrete firm LafargeHolcim early Thursday said its offering shareholders an exceptional scrip dividend of one new LafargeHolcim share for every twenty held. This is coming on the heels of an Extraordinary General Meeting (EGM) held May 8, 2015, where the […]
NSE: Bulls Retreat as Index Dip 1.17% on Profit-Taking
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bulls Wednesday retreated at the Nigerian Stock Exchange (NSE) on profit-taking as all-share index (ASI) dipped 1.17 percent to close at 29,870.86 basis points, while market capitalisation declined by N121.90 billion to N10.27 trillion. With today’s loss, current market Year-to-Date (Y-t-D) returns on the […]

