Capital Market

Private Equity Investors Dump South Africa for Nigeria, Kenya

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Private equity investors have dumped South Africa for Nigerian and Kenya, a Bloomberg report said on Tuesday. The report says buyout firms are increasingly targeting markets such as Kenya and Nigeria, where expansion this year is forecast by the International Monetary Fund (IMF) to […]

May & Baker in talks with foreign investors

May & Baker Nigeria Plc is in talks with foreign investors and venture capitalists, who have expressed interest in acquiring an equity stake in the company, our correspondent has gathered. The interest, it was learnt, followed the completion of a major stage of its World Health Organisation certification and pre-qualification […]

Bulls Maintain Hold on Nigerian Equities, Gains N241.56 Bn

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bulls on Tuesday maintained hold on Nigerian equities; as market capitalisation gained N241.56 billion in two (2) days to close at N9.43 trillion at the end of the session. With this gain, the Nigerian Stock Exchange all-share index (NSE ASI) closed at 28,452.60 points, bringing […]