By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Lender, Stanbic IBTC Holdings Plc said on Wednesday it plans to raise N20.4 billion fresh funds via a rights issue, the bank said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). The lender said it will offer to existing shareholders 8.0 million ordinary […]
Capital Market
Wall St. up on report Germany may consider Greece aid
Wed Jun 10, 2015/Reuters U.S. stocks were higher in afternoon trading on Wednesday after a Bloomberg report that Germany may be satisfied with Greece committing to at least one economic reform in return for aid. All three major indexes rose more than 1 percent on the same day for the […]
Gains on Blue Chips Trim NSE Decline to Marginal loss of 0.09%
By InvestAdvocate Lagos (INVESTADVOCATE)-Gains recorded by blue chip companies such as Dangote Cement Plc, Forte Oil Plc, FBN Holdings Plc and brewer, Nigeria Breweries Plc trimmed the sustained decline on the Nigerian Stock Exchange (NSE) with a marginal loss of 0.09 percent. At the close of Wednesday’s session, the NSE […]
