Capital Market

Flour Mills Names Alfonso Garate Non –Executive Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Fast Consumer Moving Goods Company (FCMG), Flour Mills of Nigeria Plc said on Thursday it has appointed Alfonso Garate as non-executive director of the company with effect from March 11, 2015. “Alfonso Garate, who currently serves as a non-executive director on the board of United Cement Company […]

Nigerian Stocks Sustain 4-Day Bullish Streak, Despite Poor Returns on Blue-Chips

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Thursday sustained its four-day bullish streak despite poor results from blue-chip companies like cement producer Dangote Cement Plc, oil company Total Nigeria Plc and Africa’s top tier lender United Bank for Africa Plc. At the end of today’s session, all-share index (ASI) […]

McNichols Offers Investors 4 Kobo Dividend 1 for 10 Bonus in 2014 End

By InvestAdvocate Lagos (INVESTADVOCATE)-Food processing firm, McNichols Consolidated Plc said on Wednesday it’s offering a 0.4 kobo per share dividend and 1 for 10 bonuses to shareholders in its 2014 audited period, the company said in a filing with the Nigerian Stock Exchange (NSE). McNichols said its closure date is […]