By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday gained N15.32 billion in market capitalisation to close at N9.93trillion; despite price declines in blue chip stocks such as cement manufacturer, Dangote Cement Plc, brewer, Nigerian Breweries Plc and beverage maker, Nestle Nigeria Plc. At the end of the […]
Capital Market
AIICO Insurance Seeking $20 Million Facility from IFC
By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, AIICO Insurance Plc on Tuesday said it’s seeking a $20 million convertible loan facility with the International Finance Corporation (IFC), according to the company in an issuer’s announcement to the Nigerian Stock Exchange (NSE). The insurer affirmed that under the arrangement, IFC has an option to […]
Honeywell Flour Names Five Non-Executive Directors
By InvestAdvocate Lagos (INVESTADVOCATE)-Honeywell Flour Mills Plc on Tuesday named five (5) non-executive directors to the board of the company. The fast consumer moving goods firm said in an issuer’s announcement to the Nigerian Stock Exchange (NSE). They include Wonuola Adetayo, Raymond Zate Zoukpo,Alan Palmer,Teddy Ngu and Andrew Smith-Maxwell. According […]
