Culled—Proshare October 3, 2016/NASD Plc Conventional thinking supports asset sales , it frees up cash; in Nigeria’s case- allows the Government to focus on governance and ,as a bonus;, provides a tiny relief to the pent up pressure for foreign exchange. So why not? There is no question of the […]
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GlaxoSmithKline Completes Divestment of Drinks Bottling, Distribution Business to Suntory Beverage & Food Nigeria Ltd
September 30, 2016/NSE Today, we announce the completion of the divestment of the GlaxoSmithKline Consumer Nigeria plc Drinks bottling and distribution business to Suntory Beverage & Food Nigeria Limited (SBFN). This follows the recent approvals obtained from the shareholders and the Nigeria Securities & Exchange Commission ( ›EC). Following this […]
Stocks Upbeat Third Successive Week, Records 2.67% Monthly Gain
By InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) on Friday marked a third successive week of upbeat performance, with the all-share index (ASI) advancing by 0.31 percent week-on-week (w/w) to close at 28,335.40 points and N9.733 trillion respectively. “Similarly, all other Indices finished higher during the week, with […]
