By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Newly merged cement manufacturer Lafarge Africa Plc on Tuesday said it has acquired stakes worth N41 billion from Ashaka Cement Plc from Lafarge Nigeria (UK) Plc. An issuer’s announcement to the Nigerian Stock Exchange (NSE) said Lafarge Africa bought a total of 1,312,444,260 ordinary shares […]
Capital Market
NESF Declares N32 per Note Coupon Payment
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria Energy Sector Fund (NESF) has declared a N32 per note coupon payment which will be paid on September 12, 2014 to investors whose names appear on the Register of Note holders as at 10th September 2014, NESF said in its corporate action to […]
Dubai’s ICD Acquires 1.4% Stake Worth $300 Million in Dangote Cement
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)– Sovereign fund Investment Corporation of Dubai (ICD) on Monday acquired 1.4 percent stake in Nigeria’s Dangote Cement Plc (DANGCEM) worth $300 million (48.7 billion naira) according to an announcement to the Nigerian Stock Exchange (NSE). According to the NSE, the deal was a total […]
