Capital Market

Honeywell Appoints New Managing Director, EDs

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Conglomerate Honeywell Flour Mills Plc Tuesday said it has appointed a new managing director to oversee the affairs of the company. The company in a notice to the Nigerian stock exchange and made available to InvdestAdvocate said Folaranmi Babatunde Odunayo, its chief executive officer (CEO), […]

APC Engages Obama’s Consultants to Boost Electoral Chances

The All Progressives Congress (APC) has announced the engagement of prominent international political consultants, AKPD Message and Media to boost its electoral chances in the upcoming elections. In a statement issued in Lagos on Tuesday by its Interim National Publicity Secretary, Alhaji Lai Mohammed, the party said the Chicago, U.S.-based firm is […]

$50 million Private Placement: Oando Holds EGM to Seek Shareholders Approval

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oando Plc whose subsidiary Oando Energy Resources Inc (OER) is seeking to raise $50 million via private placement will today Tuesday hold an extraordinary general to get shareholders approval. Late January 2014 Oando announced that OER intends to do a $50 million private placement to […]