By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) All-Share Index (ASI) Friday closed on the downward trend by 3.21 percent (3.21%) for the week ended January 31, 2014. According to the NSE weekly report for the review period, , all but one (NSE ASeM Index) of the NSE […]
Capital Market
Flour Mills of Nigeria to invest over $1 bln to expand capacity
Flour Mills of Nigeria plans to invest $1 billion over the next 3-5 years to fund growth and expand into West Africa, its vice chairman told Reuters on Friday. John Coumantaros said revenue for the manufacturer of products like pasta, flour, vegetable oil, livestock feed and also cement grew 11-15 […]
Facebook Turns 10: The Mark Zuckerberg Interview
By Brad Stone and Sarah Frier January 30, 2014 Mark Zuckerberg doesn’t usually observe sentimental anniversaries. This year he’s confronted by three of them. On Feb. 4, Facebook (FB), the company he co-founded in a Harvard University dorm, turns 10 years old. The prodigy himself turns 30 in May. It’s […]
