Capital Market

Nigerian Equities Opens Week on Bullish Note, Index Up 2.54%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market opened the week on a bullish note extending a two (2) gaining streak. All share index (ASI) and market capitalisation climbed up 2.54 percent to close at 29,773.40 basis points and N245.98 billion to close at N9.92trillion respectively. With this gain, current […]

Union DICON list 41 Million Shares Acquired by CBO Capital

By InvestAdvocate Lagos (INVESTADVOCATE)-Salt makers, Union DICO Salt Plc has announced the listing of 41 million new shares of the company; coming on the heels of a strategic agreement with CBO Capital, as a core investor in Union DICON, the company said in a notice to the Nigerian Stock Exchange […]

SEC Approves Extension of Oando’s $300 Million Rights Issue by Two Weeks

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) has approved two (2) weeks extension the acceptance period of Oando Plc’s $300 million (48.8 naira billion) rights issue. The offer which was to close January 14 has now been extended to January 28, Vetiva Securities Ltd on behalf of the […]