Afrinvest Asset Management Limited is set to pay note holders on the register of the Nigeria International Debt Fund interim dividend for the 2014 financial year. The NIDF is a Nigerian Stock Exchange listed mutual fund that invests in fixed-income securities of the federal and state governments. The fund manager […]

The Dangote Group has said the management of the Nigerian Stock Exchange and stockbrokers have commended its investment in the cement industry and described it as a revolution in the transformation of the economy. The Director-General, NSE, Mr. Oscar Onyema, who led investors, leading players at the Exchange as well […]

By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)-Oando Energy Resources (OER) on Monday announced it has completed the acquisition of Medal Oil. This is contained in Statement dated July 11, 2014 and posted on its official website. OER said the purchase price of $5,000,000 was satisfied by the issuance of 3,491,082 units, each […]