By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-the Nigerian Stock Exchange (NSE) on Wednesday recorded its biggest loss since April 8, 2015 as all-share index (ASI) dipped 1.77 percent to close at 32,863.43 basis points –also its lowest value since 31 March, while market capitalisation lost N202.57 billion to close at N11.22 […]
Capital Market
NSE Inches Up 0.62% on Gains Recorded in DANGCEM, Nigerian Breweries
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday inched up 0.62 percent on gains recorded in the shares of cement producer, Dangote Cement Plc and brewer, Nigerian Breweries Plc to close at 33,456.83 basis points, while market capitalisation gained N70.88 billion to close at N11.42 trillion. […]
Oando Sells Downstream Operations to HV Investment for $276 Million
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The largest integrated energy solutions group in Sub-Saharan Africa, Oando Plc said on Tuesday it has reached agreement to sell an equity stake in its downstream business for $276 million to HV Investments, a joint venture consisting of Helios Investment Partners and Vitol Group. […]
