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 […]

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 […]