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 […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- World securities regulators, the International Organisation of Securities Commissions (IOSCO) on Monday said its seeking input on its proposed statement on Non-GAAP Financial Measures intended to assist issuers in providing clear and useful disclosure for investors and other users of non-GAAP financial measures, and […]

 . Lagos, Bauchi, Kaduna top debtors’ list Lagos, Bauchi and Kaduna are the biggest foreign debtors among the 36 states in the country, according to official data analysed by Daily Trust. Records posted on the Debt Management Office (DMO) website shows that the foreign debt stock of some of the […]