Investors Bite

YTD Loss Hit 16.27 % Amid Sustained Profit Taking Activity

September 13, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed the fourth trading session of the week negative, losing 0.84 percent amid sustained profit taking activity; while while the year-to-date (YTD) loss of all-share index (ASI) ballooned to 16.27 percent, Cowry Asset reports. Similarly, market breadth index was negative […]

Greif Nigeria Says Olukunle Obadina to Exit as MD October 31, 2018

September 13, 2018/NSE The Board of Director of Greif Nigeria Plc wishes to announce the retirement of the Managing Director, Mr. Olukunle A. Obadina with effect from 31st October 2018.  Mr. Olukunle Obadina, joined the Company 27-years ago on 2nd of May 1991 as the Finance Manager and was promoted […]

Lafarge Africa Plc: The Product of a Painful Restructuring, Lest We Forget

September 13, 2018/Cordros Report In June 2014, Lafarge Group announced the combination of its businesses in Nigeria and South Africa to create a leading Sub-Saharan Africa building materials platform. LafargeHolcim was formed a year after – and became the majority shareholder in LAFARGE – as a result of the successful […]