By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday served a one month notice to Starcomms Plc, Afroil, Jos International Breweries Plc and six (6) other firms to delisting, the NSE said in a statement. The other six (6) companies are Investment and Allied Insurance Plc, Pinnacle […]

Heritage Bank, the preferred bidder for Enterprise Bank, is yet to pay the remaining eighty percent of its N56 billion acquisition of Enterprise Bank, BusinessDay learnt last night. Under the terms of the acquisition, Heritage was meant to pay 20 of the purchase price after it was announced as the […]

The Nigerian naira firmed against the dollar on the interbank market on Monday, gaining 0.48 percent, after state-owned energy company NNPC sold an undisclosed amount of U.S. currency to lenders. The naira closed at 163.85 to the dollar, compared with 164.65 at Friday’s close. The naira has been slipping since […]