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Transcorp notifies Exchange of SACoil’s $30 million partnership

By investadvocate The Company has notified The Exchange that it has signed a farm-in agreement with SacOil (a listed company on the Johannesburg Stock Exchange and has a market capitalization of approximately 105 million pounds) whereby SacOil has acquired a 20% Participating Interest in OPL 281 and under the OPL […]

GlaxoSmithKline to reward investors with N1.20 special dividend

By Peter OBIORA investadvocate Lagos (INVESTADVOCATE)-GlaxoSmithKline Nigeria Plc operating in the Healthcare sector of the Nigerian Stock Exchange (NSE) is set to reward shareholders of the Company with a N1.20 Kobo special dividend in commemoration of its 40th Anniversary. This was contained in a notice from the Company to the […]

FG approves N17.6bn loan for 6,214 houses in FCT

By Emeka Ezekiel, Abuja The Federal Government, through the Federal Mortgage Bank of Nigeria, has approved N17.6bn as estate development loan for 32 real estate developers. The loan is for the construction of 6,214 housing units in the Federal Capital Territory. The amount represents 25 per cent of the bank’s […]