Capital Market

PHARMDEKO Says N270 Million Rights Issue 77.88% Subscribed

By InvestAdvocate Lagos (INVESTADVOCATE)- manufacturer of pharmaceuticals products in Nigeria, Pharma Deko Plc said on Tuesday its N270 million rights issue was 77.88 percent subscribed as the firm lists  116,819,694 ordinary shares on the Daily Official List (DOL) of the Nigerian Stock Exchange (NSE), according to the company  in a […]

Cable operator Charter to buy Time Warner Cable for $56 billion

Tue May 26, 2015/Reuters Charter Communications Inc, controlled by cable industry pioneer John Malone, offered to buy Time Warner Cable Inc for $56 billion, seeking to combine the No. 3 and No. 2 U.S. cable operators to compete against market leader Comcast Corp. The partners, who said on Tuesday the […]

Bulls Resurface on Nigerian Bourse, Gains 0.43% to Halt 5day Consecutive Losses

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Bulls on Tuesday resurfaced on the Nigerian Stock Exchange (NSE) to halt  five (5) days consecutive losses. At the close of business today, all-share index (ASI) inched up 0.43 percent to close at 34,298.64 points, while market capitalisation grew by N49.89 billion to close at […]