Capital Market

Lafarge Africa Names Adepeju Adebajo, Anders Kristiansson Directors

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement manufacturers, Lafarge Africa Plc on Wednesday said it has appointed Adepeju Adebajo and Anders Kristiansson into the board of the company, according to an issuer’s announcement to the Nigerian bourse. Lafarge Africa said Adebajo is currently the managing director (MD) WAPCO Operations and prior to this, […]

Mobile-Phone Firms in Nigeria May List Soon-NSE CEO

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oscar Onyema, chief executive officer (CEO) of the Nigerian Stock Exchange (NSE) on Wednesday said mobile-phone operators in Nigeria may soon list their shares, according to a Bloomberg reported quoting Onyema as saying on phone from Seoul, South Korea. “The stance has moved from them […]

Nigeria naira firms 0.18 pct as oil companies sell dollars

Oct 29, 2014/Reuters The Nigerian currency firmed 0.18 percent to 165.40 naira against the U.S. dollar on Wednesday, after two multinational oil companies sold the greenback on the interbank market, dealers said. Dealers said the local unit of ExxonMobil sold $50 million, while French oil firm Total sold $88 million, […]