Capital Market

Dangote Flour Appoints New Group Chief Executive Officer

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc Friday announced the appointment of Noel Doyle as new group chief executive officer (GCEO). The company in a notice to the Nigerian stock Exchange (NSE) said Doyle’s appointment is coming on the heels of the resignation of Nthabisheng Segoale, the GCEO […]

Forte Oil Emerge NSE’s First Ever Listed Company to Declare Full Year Report

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Leading oil marketing firm, Forte Oil Plc has emerged the Nigerian stock exchange’s (NSE’s) first ever listed company to declare its full year audited financial reports within 31 days of the end of its fiscal year. The NSE said apart from this act, Forte Oil […]

Fitch: Nigerian Insurance Industry Ready for Further Consolidation

26 March 2014: Fitch Ratings says in a new report that it believes that the Nigerian insurance market is ripe for further consolidation as insurers seek to increase scale and investor interest develops. Fitch expects foreign investors seeking an entry point to the market to continue to do so through […]