Capital Market

Nigerian Equity Market All-Share Index Gain 2% to Close Week

By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-All share index (ASI) and market capitalisation at the Nigerian equity market on Friday gained 2.00 percent (2%) to close the week at 43,031.81 and N14.209 trillion respectively. Analysts at Cordros Capital said sustaining the bullish trading witnessed last week, the market closed in positive territory […]

Takeover Bid: Oasis Insurance Woos Interested Investors

By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Oasis Insurance Plc on Tuesday said it’s wooing interested investors to accept offers for its takeover bid. The insurance firm said in a notice to the Nigerian stock exchange (NSE) that shareholders of Oasis Insurance ordinary shares in certified form whose names appears on the register […]

Ex-Credit Suisse Infrastructure Bankers Said to Seek Debt Fund

Global Infrastructure Partners, the private-equity firm run by former Credit Suisse First Boston investment banking head Adebayo Ogunlesi, is seeking $2.5 billion for debt investments as new regulations make it more costly for banks to lend to projects such as windfarms and airports. Steve Cheng and Reiner Boehning, previously heads […]