By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) -Lafarge Africa Plc, formerly, Lafarge Cement Wapco Nigeria Plc on Tuesday announced the completion of its $1.35 billion consolidation according to the is the 6th largest entity listed on the Nigerian Stock Exchange (NSE). The deal saw Lafarge Africa acquiring Lafarge group’s shareholdings in […]
Capital Market
Alibaba raises IPO price range to $66 to $68 a share
Alibaba raised the range for its initial public offering to $66 to $68 a share on Monday, according to a Securities and Exchange Commission filing. The e-commerce giant had previously said in a filing its IPO price would be in the range of $60 to $66 per share. The company […]
Bulls Resurface on Nigerian Equities Market, Benchmark Index Up 0.24%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bulls resurfaced on Monday at the Nigerian equities market as all-share index (ASI) inched up 0.24 percent to close at 49,769 points, while market capitalisation appreciated N31.72 billion to close at N13.46 trillion. The 0.24 percent gain compared with the 0.21 depreciation recorded the previous […]
