By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) all-share index (ASI) on Wednesday declined 0.88 percent to close at 33,255.67points, while market capitalisation dipped by N97.41 billion to close at N10.98 trillion. Cordros report affirmed that sell-offs in big names like cement maker, Dangote Cement Plc, lenders, Stanbic […]
Capital Market
Lafarge Receives SEC’s Approval to Acquire Ashakacem 41.39% Minority Stake
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 […]
Ecobank Names Four New Directors
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 […]
