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. […]
Capital Market
NSE Halts Four-Day Bearish Streak, Index Rebounds 1.20%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-A four-day bearish trading on Monday was halted on the Nigerian Stock Exchange (NSE) as all-share index (ASI) rebounded 1.20 percent to close at 33,249.19 points, while market capitalisation grew by N135.08 billion to close at N11.35 trillion. This is coming on the heels of […]
Lagarde Says IMF Disappointed with Greek Government on $1.7 Billion Repayment
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) said on Sunday she is disappointed with Greece authorities on the $1.7 billion due June 30. “I have briefed the IMF Executive Board on the inconclusive outcome of recent discussions on Greece in Brussels. […]
