Lotus Capital Limited says it has held a signing ceremony with respect to the proposed initial offer for subscription of the Lotus Halal Equity Exchange Traded Fund. The company said this in a statement made available to our correspondent on Monday. The signing ceremony was held following the receipt of […]

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 […]

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 […]