By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Cement maker, Lafarge Africa Plc said on Wednesday it has received the approval of Nigeria’s Securities and Exchange Commission (SEC) to proceed with the acquisition of 41.39 percent shares of minority shareholders of Ashaka Cement plc through a Mandatory Tender Offer (MTO). This development is […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Pan African lender, Ecobank Transnational Incorporated (ETI), on Wednesday named four (4) new non-executive directors on its 15-member board, and the retirement of one non-executive director, the company said an issuers notice to the Nigerian Stock Exchange (NSE). ETI says the   new board members are […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing giant, Oando Plc on Wednesday commenced its proposed $300 million (N48.8 Billion) rights issue, the company said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). This is coming on the heels of earlier suspension of the issue by the NSE an […]