May 25, 2015/The Will In furtherance of its expansion plan in Africa leading Cement manufacturer, Dangote Cement Plc will next week Thursday commission its 2.5million mtpa cement plant in Ethiopia as the company inches towards the mark of 40 million mtpa total production capacity globally before the end of 2015. […]
Capital Market
NSE Opens Week Bearish, Dip 0.35% on Growing Economic Concerns
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week on a negative note as all-share index (ASI) dipped 0.35 percent to close at 34,151.81 points, while market capitalisation declined by N40.87 billion to close at N11.60 trillion. This is coming on the heels of […]
Sovereign Trust Says Rights Issue 64.13% Subscribed
By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Sovereign Trust Insurance Plc (STI) last week said its N1.15 billion rights issue was 64.13 percent subscribed, the company said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). Following this, on May 14, 2015, STI listed 1,469,065,902 ordinary shares on the Daily Official List […]
