By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Flour Mills of Nigeria Plc (FMN) on Monday said it has appointed John George Coumantaros as new chairman of the company; following the retirement of George Stavros Coumantaros as the chairman of the board. The milling company in a notice to the Nigerian Stock Exchange […]
Capital Market
Caverton Names Amaka Obiora Company Secretary
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Oil services firm, Caverton Offshore Support Group on Monday announced the appointment of Amaka Obiora as its new company secretary, the company said in its corporate disclosure to the Nigerian bourse. According to Caverton, this is coming on the heels of its board of […]
Alibaba IPO ranks as world’s biggest after additional shares sold
Alibaba Group Holding Ltd’s initial public offering now ranks as the world’s biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares. Overwhelming demand saw the IPO initially raise $21.8 billion and then send Alibaba’s stock surging 38 percent in its debut […]
