By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday extended its gain as all-share index (ASI) climbed up 2.55 percent closed at 29,177.58 points, while market capitalisation increased by N241.90 billion to close at N9.74 trillion. With this trend, current market Year-to-Date (Y-t-D) returns at the Nigerian Stock […]
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 […]