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 […]
Capital Market
Caverton Names Josiah Choms New MD of Helicopters Unit
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Caverton Offshore Support Group Plc on Monday named Captain Josiah Choms as new managing director (MD) of its subsidiary, Caverton Helicopters. The company in a notice to the Nigerian Stock exchange (NSE) said the appointment of Captain Choms is part of its repositioning plans and the […]
Nigerian Bourse Close Week Negative, All-Share Index Down 0.46 Percent
By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)-The Nigerian equities market on Friday closed negative as all-share index (ASI) went down 0.46 percent for the week ended July 11, 2014. Weekly market report from the NSE affirmed that all-share index and market capitalisation both depreciated by 0.46% to close lower at 42,832.82 basis […]
