Capital Market

Wema Registrars Now Citadel Registrars

By InvestAdvocate Lagos (INVESTADVOCATE)-Wema Registrars Limited has now changed its name to Citadel Registrars Limited the company said in a notice last Friday to the Nigerian Stock Exchange (NSE) in Lagos Nigeria. Wema Registrars said the new name took effect from July 21, 2014 and previous correspondences with the company’s […]

Oando Reduces Debt by Us$98Million through Conversion of Loan to Equity

August 21, 2014/Oando Plc Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company“) (TSX:OER), a company focused on oil and gas exploration and production in Nigeria, is pleased to announce the conversion to equity of principal and interest in the amount of US$ 98 million, outstanding under the US$ […]

Nigeria’s Equities Market Close Week Positive, Benchmark Index Up 0.49 Percent

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian equities market ended the week on a positive note as benchmark index and market capitalisation inched up 0.44 percent to close at 41,564.19 and N13.724 trillion respectively, according to the Nigerian Stock Exchange (NSE) weekly market report. Similarly, the NSE reported that […]