Capital Market

Equities Up 4.19% to End All Bullish Week, As Presidential Election Holds

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday ended an all bullish week as the  all-share index  (ASI) and market capitalisation climbed up by 4.19 percent and 5.41 percent  to close at 30,562.93 and N10.319 trillion respectively, according to the Nigerian Stock Exchange (NSE) weekly report. The […]

PZ Cussons Nigeria Plans Restructuring

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Soap maker, PZ Cussons Nigeria Plc said on Thursday its plan to restructure its operations which would involve the business combination of two of its wholly owned subsidiaries – PZ Power and PZ Tower with the parent company – PZ Cussons Nigeria Plc. The […]

Saipem close to Nigeria jv deal after China success – source

Thu Mar 26, 2015/Reuters Italy’s Saipem is close to signing a joint venture with a big local partner in Nigeria just days after clinching a similar deal in China with PetroChina as the oil contractor seeks access to new markets. Saipem, 43 percent owned by Italian oil major Eni, has […]