Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday maintained a downward slope, on declines of blue chip stocks such as Forte Oil Plc, Dangote Cement Plc, FBN Holdings Plc and beer maker, Nigerian Breweries Plc. At the close of business today on the Nigerian equities market, the […]
Capital Market
Stanbic IBTC Holdings Plans N24 Billion Rights Issue
By InvestAdvocate Lagos (INVESTADVOCATE)-Top tier Nigerian lender, Stanbic IBTC Holdings said on Wednesday its planning to raise N24 billion ($121 million) via rights issue once shareholders approve the deal, a Reuters report quoted the lender. According to the report, stanbic IBTC Holdings said it would seek approval at its Annual […]
BOC Gases Say Akintola Retires as Chairman
By InvestAdvocate Lagos (INVESTADVOCATE)-Gas company, BOC Gases Nigeria Plc said on Wednesday D.A Akintola will exit the company with effect from June 11, 2015, BOC Gases said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). According to the company, at the meeting of its board of directors held […]

