By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated Plc (ETI) said last Friday it has listed N19.34 billion worth of shares on the Nigerian Stock Exchange (NSE), the lender said in an issuer’s announcement. “A total of 1,250,000,000 ordinary shares of US$0.025 each at N15.47 per share belonging […]
Capital Market
LafargeHolcim Acquires 50% Stake in Lafarge Tarmac worth £992 million
By Peter OBIORA InvestAdvocate Lagos INVESTADVOCATE)- Newly merged world cement, aggregates and concrete firm, LafargeHolcim said on Friday it has acquired 50 percent stake in Lafarge Tarmac worth £992 million as part of divestment process, the company said in a statement. “As part of the preliminary steps to implement the […]
Stocks Extends Bearish Week to 7th Session, Index Down 2.15%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Thursday extended the bearish week-on-week streak to its seventh session as all share index (ASI) dipped 2.15 percent to 31,047.99 basis points, while market capitalisation lost N208.08 billion to close at N10.63 trillion for the four (4) trading sessions this week. Cordros […]
