By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Board of Dangote Flour Mills Plc on Monday announced it has divested its 99 percent stake of the total issued ordinary share capital of Dangote Agrosacks Limited (DASL). The flour millers said in a notice to the Nigerian stock exchange (NSE) that following a […]
Capital Market
Oasis Insurance Announce Take-Over Bid by FBN Life
By InvestAdvocate Lagos (INVESTADVOCATE)-Insurance firm, Oasis Insurance Plc Monday announced a take-over bid of I, 872,911,465 ordinary shares of 50k each in the company by FBN Life Limited. The company in a notice to the Nigerian stock exchange (NSE) said qualification date is June 20, 2014, while offer opens June […]
NSE Benchmark Index Advanced 0.13% to Close Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)–The NSE all-share index (ASI) advanced 0.13 percent at 41,529.11 basis points for the week ended June 06 2014. Unexpectedly all the NSE indices appreciated during the week with the exception of the NSE banking index (1.14%) and NSE insurance index (1.51%), while the NSE […]
