The market capitalisation of the listed equities on the Nigerian Stock Exchange rose by 12.71 per cent or N1.582tn in the second quarter of 2014, erasing losses made in the first quarter. The market capitalisation, which stood at N12.44tn on March 31, climbed to N14.028tn at the end of the […]
Capital Market
Lafarge Shareholders Endorse $1.35 Billion Merger with South African Unit
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Shareholders of cement maker, Lafarge Cement Wapco Nigeria Plc has endorsed the $1.35 billion merger with Lafarge’s wholly-owned South African subsidiary, Lafarge SA. Olusegun Osunkeye, chairman of Lafarge Wapco on Wednesday informed shareholders of the company at its annual general meeting (AGM) that the Nigerian unit […]
Unity Bank Extends N19.2 Billion Rights Issue, to July 09
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Nigeria’s mid tier lender, Unity Bank Plc on Monday said it has extended its Rights Issue offer to Wednesday July 09, 2014. The bank in a notice to the Nigerian Stock exchange (NSE) said the Securities and Exchange Commission (SEC) has approved the extension of the […]
