Capital Market

Unilever Overseas Plans to Raise Stake in Nigerian Unit to 75%

By Peter OBIORA InvestAdVocate Lagos (INVESTADVOCATE)-World soap makers, Unilever Overseas Holdings B.V said on Wednesday it plans to raise its stake in its Nigerian unit to as much as 75 percent from 50.05 percent to benefit from expected economic growth in the country. According to the company in a statement […]

Chairman, Six Other Directors Resign from Ashaka Cement

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Ashaka Cement Plc on Wednesday announced the resignation of its chairman Umaru Kwairanga and six (6) other directors from the board of the company. The names of the directors whose resignation took effect from March 10, 2015 are  John William Stull,  vice chairman, […]

Diamond Bank Names Sunil Kaul Director

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Diamond Bank Plc on Wednesday said it has appointed Sunil Kaul a non-executive director of the bank. The lender in an issuer’s announcement to the Nigerian Stock Exchange (NSE) said the decision came after its board of directors meeting held March […]