March 19, 2018/InvestmentOne Update ASI as at 12.00pm: -0.50%. Market movers: CADBURY (-9.65%), FTNCOCOA (-7.14%), CILEASING (+9.94%), UCAP (+5.64%). Sector Performances: Banking (-0.83%), Consumer Goods (-0.88%), Industrial, Oil & Gas. Market activity: In today’s early trade, total volume and value declined by c. 33% and c.44% respectively compared to this […]
Investors Bite
Alibaba Will Invest Another $2 Billion in Online Mall Lazada
18/3/2018/Bloomberg By Lulu Yilun Chen Ant Executive Chair Lucy Peng to replace Lazada’s CEO Alibaba investment in Lazada reaches $4 billion in total Alibaba Group Holding Ltd. will invest another $2 billion in Lazada Group SA and install one of its most senior executives to run the business as it […]
Transcop gets shareholders’ approval to raise N40bn
March 19, 2018/Punch Ifeanyi Onuba, Abuja Shareholders of Transcorp Hotels Plc have given approval to the management of the firm to raise the sum of N40bn for the upgrade the Transcorp Hilton Abuja. The approval was given at the company’s fourth Annual General Meeting, which was held on Friday in […]
