By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday dipped marginally 0.05 percent on sustained cautious trading as all-share index (ASI) closed at 33,460.50 points, while market capitalisation declined by N6.12 billion to close at N11.42 trillion. With the low volume and value traded at the close of business […]
Capital Market
Transcorp Ughelli Power Says Generation Capacity up 78% Year-on-Year
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Transcorp Ughelli Power Limited (TUPL), the power generation and investment subsidiary of Nigerian conglomerate Transcorp Plc said on Tuesday it increased its generation capacity 78 percent to 610 MW from 342MW as at December 2013, the company said in a statement. This is coming on […]
Bilfinger Set to Divest its 33.4% Stake in Julius Berger End of June
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian construction giant, Julius Berger Nigeria Plc (JBERGER) said on Thursday Bilfinger, the German based international engineering and services group would divest its 33.4 percent stake in the company. According to JBERGER, Bilfinger has informed the board of the company of its decision to dispose […]
