Capital Market

Seplat Gets January 30 Extension to Firm Afren Offer

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc has until January 30, 2015 deadline to make a firm offer on its merger with Afren Plc, a U.K. oil and gas explorer, Afren said in a statement on Monday. Seplat […]

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 […]