Equity transactions on the Nigerian Stock Exchange opened for the week on Monday in an upward trend as the market indices improved by 0.19 per cent. The News Agency of Nigeria reports that the appreciation was due to price gains by major equities. As result of the bullish trading, the […]
Capital Market
DANGFLOUR Board Announce Divestment of 99% Stake in Agrosack Business
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 […]
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 […]
