May 8, 2015/Bloomberg Nigeria’s central bank started talks with banks and currency dealers on how to loosen foreign-exchange trading restrictions while still maintaining stability in the naira, people familiar with the discussions said. The Financial Markets Dealers Association, a Lagos-based industry body, met this week to put a proposal together […]
Capital Market
NSE Close Week Red, Index Dip 0.92% on Poor Q1 Results
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday ended the week on red as all-share index (ASI) and market capitalisation dipped by 0.92 percent to close at 34,388.21 and N11.678 trillion. In the same vein, five (5) indices finished lower during the week with the exception […]
Holcim shareholders approve all motions at Extraordinary General Meeting
May 8, 2015/HolcimLafarge Lafarge and Holcim have today successfully secured support from Holcim shareholders for their proposed merger and completed one of the final key steps on their way to creating the world’s most advanced building materials company. Representing around 72 percent of the company’s share capital, the 738 shareholders […]
