By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Monday commenced the month of May on a negative note as all-share index (ASI) declined 0.17 percent to close at 34,649.28 points, while market capitalisation went down by N19.95 billion to close at N11.77 trillion. The dip that led the current market […]

May 4, 2015/Reuters Nigeria’s Dangote Cement said it will begin production in Tanzania in August, as sub-Saharan Africa’s leading cement producer eyes new markets on the continent. A $500 million factory it is building in southern Tanzania, with an annual capacity of 3 million tonnes, will double the country’s annual […]

The shares of Ikeja Electricity Distribution Plc and the Ibadan Electricity Distribution Plc can now be traded on the NASD Plc’s over-the-counter market. This followed the admission of both companies and seven others by the NASD OTC for trading. The NASD said the development had increased the number of tradable […]