Wednesday 01 April 2015/Sky News The owners of Hastings, one of the UK’s fastest-growing insurers, have appointed investment bankers to steer the company towards a £1bn post-lection flotation. Sky News understands that Hastings has appointed Goldman Sachs and Credit Suisse to oversee a review of the company’s options to take […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-World’s largest domain registrar, GoDaddy Incorporated on Wednesday opened its initial public offering (IPO) at a price of $20 per share up 31 percent from the expected $17-$19 range. The company in a statement on its official website announced the pricing of its initial public […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Drugmaker, GlaxoSmithKline Consumer Nigeria Plc said on Wednesday said its pretax profit for the year ended December 31, 2014 declined 36.2 percent to N2.752 billion from N4.314 billion recorded a year earlier. Profit after tax (PAT) also dipped 37 percent to N1.848 billion from N2.919 billion in […]