By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) has issued oil marketing firm, Forte Oil Plc until March 2016 to issue bonuses its shareholders the one (1) bonus share for every five (5) held which the company promised at the end of 2014 audited year end. Forte Oil in […]
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GE to sell appliances business to China’s Haier for $5.4 billion
January 15, 2016/Reuters Haier Group said it would buy General Electric Co’s appliance business for $5.4 billion, the Chinese company’s latest attempt to boost its presence in the lucrative United States market. Haier, which made an abortive attempt in 2008 to buy the business, has a negligible presence in the […]
TRANSCOHOT List Series 1 Bond at N1, 000 per Note
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Transcorp Hotels Plc (TRANSCOHOT), the hospitality unit of Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc (TRANSCORP) on Monday listed its N10 billion (Series 1) bond on the Nigerian Stock Exchange (NSE) at N1, 000 per note. Valentine Ozigbo, chief executive officer (CEO) […]
