What is the launch of the e-dividend portal all about? We have been asking for this since 20 years ago, SEC has severally issued directives mandating companies to pay into clients account. For certain reasons that has not been done, for the first time in this market we have an […]
Capital Market
LafargeHolcim: Results of the re-opened Public Exchange Offer
July 31, 2015/LafargeHolcim The Autorité des marchés financiers (the “AMF”) published today the final results of the re-opened public exchange offer initiated by LafargeHolcim Ltd (formerly Holcim Ltd) for the shares of Lafarge S.A. 25,901,191 additional Lafarge S.A. shares have been tendered. Following the settlement-delivery of the re-opened offer which […]
NSE Ends Week Down Driven by Selloffs, Excluding Cement Sector
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday declined 2.93 percent week-on-week (W/W) as all-share index (ASI) and market capitalisation closed at 30,180.27 basis points and N10.345 trillion respectively, its lowest value since 30 March and its worst W/W performance since March 23. Cordros weekly market […]
