By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)-Nigerian Conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) on Monday said its half year 2014 profit for the year grew 177.4 percent to N688.7 billion from N2.483 billion in the same period of 2013. Similarly, first-half 2014 pretax profit of the conglomerate increased 122 percent to […]
Capital Market
Champion Breweries to Raise N11.65 Billion Via Rights Issue
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Brewers Champion Breweries Plc has said it is set to raise N11.65 billion via a rights issue. The company in a notice to the Nigerian stock exchange (NSE) said it will issue 6,300,000,000 ordinary shares of 50 kobo each at N1.85 per share; The beer maker […]
NSE All-Share Index Up 0.14 Percent to Close Week
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) all-share index (ASI) and market capitalisation both inched up by 0.14 percent to close higher on Friday at 42,891.82 and N14.163 trillion respectively, according to the NSE’s weekly stock market report. Similarly, all the NSE sector indices appreciated during the week […]
