Capital Market

Nigeria’s naira rallies for second day on intervention

Wed Dec 3, 2014/Reuters Nigeria’s naira rose for the second straight day on Wednesday after the central bank sold dollars but still closed below the bottom of its new target range, dealers said. The naira has lost 11.8 percent against the dollar this year, as global oil prices plunged, worsening […]

Scoa Signs Assembly Plant Agreement with MAN of Germany

By InvestAdvocate Lagos (INVESTADVOCATE)-Leading automobile firm, Scoa Plc on Tuesday signed an assembly plant agreement with global international suppliers of commercial vehicles and transport solutions, MAN of Germany. The company in a letter dated November 27, 2014 to the Nigerian Stock Exchange (NSE) and signed by M.A Adeyemi, company secretary […]

UNILEVER Names Adesola Sotande-Peters as New Finance Director

  By InvestAdvocate   Lagos (INVESTADVOCATE)-Soap makers Unilever Nigeria Plc on Tuesday named Adesola Sotande-Peters as new finance director of the company.   The company in an issuers’ announcement to the Nigerian Stock Exchange (NSE) said Sotande-Peters appointed took effect from January 01, 2014.   Unilever said Sotande-Peters had her […]