Capital Market

Bahamian Firm to Acquire 20.64% Stake of Avon Crowncaps

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Avon Crowncaps & Containers (Nigeria) Plc has said Bahamian firm, Wilko Corporation has proposed to acquire the entire minority shareholding of Avon Crowncaps, amounting to 141,158,205 ordinary shares of 50 kobo each representing 20.64 percent of the company’s issued share capital, according to Avon Crowncaps […]

Nigerian Stocks Close Red, Dip 3.68% to End Week

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Friday ended the week on red as all-share index and market capitalisation dipped 3.68 percent  and 3.09 percent  to close at 29,034.89 and N9.671 trillion respectively. In the same vein, all the indices at the Nigerian bourse closed on a negative note […]

NSE Delists Cappa and DAlberto

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Friday it has delisted Construction firm, Cappa and DAlberto Plc from its daliy official list (DOL). According to the NSE, the delisting is with effect from today Friday January 16, 2014 ‘’Today’s delisting of Cappa and D’Alberto brings to closure […]