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 […]

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 […]

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 […]