Capital Market

Afromedia Plc Says Iluyomade, Ogiemwonyi Resigns as Non-Executive Directors

By InvestAdvocate Lagos (INVESTADVOCATE)-Afromedia Plc said on Wednesday Idowu Iluyomade and Victor Ogiemwonyi has resigned from the board of the company as non-executive directors, the firm said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). “The effective dates for their resignations are 23 June 2015 and 25 June […]

Lafarge Africa Names Peter Hoddinott New CEO

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producers, Lafarge Africa Plc said on Wednesday it has appointed Peter Hoddinott as the new group managing director /chief executive officer (CEO). The company said in an issuer’s announcement that its board met on Wednesday 15 July 2015 and appointed Hoddinott as the new CEO. Lafarge […]

Bulls Short-Lived as Sell-Offs in Financial Sector Drags Down Indices to 0.22%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bullish trend recorded on Tuesday’s session was short-lived on sell-offs in the financial services sector of the Nigerian Stock Exchange (NSE) as all share index (ASI) declined on Wednesday 0.22 percent to at 31,267.25 basis points, while market capitalisation dropped N30.02 billion to close […]