By InvestAdvocate Lagos (INVESTADVOCATE)-Gombe state, north east Nigeria, has raised N5 billion ($25 million) on bond sales, according to a Reuters report on Friday. The state sold a 7-year bond with a 16 percent yield to help fund new roads and schools, the report quoted an official. According to the […]
Capital Market
Nigerian Stocks Halt 3-Consecutive Bullish Week on Profit-Taking
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Stocks on Friday halted the three (3) consecutive bullish Week-on-Week (W-o-W) streak on profit taking by investors. At the end of the week’s trading on the Nigerian bourse, the Nigerian Stock Exchange all-share index (NSE ASI) and market capitalisation dipped by 1.06 percent and […]
Lafarge Africa Names Mobolaji Balogun Chairman, Appoints 4 New Directors
By InvestAdvocate Lagos (INVESTADVOCATE)- Lafarge Africa Plc, the Nigerian arm of world biggest cement firm, Lafarge said on Friday it has appointed Mobolaji Balogun as its new chairman following the voluntary retirement of Olusegun Osunkeye with effect from May 23, 2015. The company in an issuer’s announcement with the Nigerian […]
