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Investors lose N173b in three days on the Exchange

  Thursday, 12 August 2010 00:00 By Helen Oji TRANSACTIONS continued yesterday (Wednesday) on a downward note on the Nigerian Stock Exchange, as price losses continued to outweigh gains,  resulting in the deprecation in investors wealth by N173 billion in three trading days. Turnover of shares also recorded  a decline […]

Flour Mills to raise N70b from capital market

  WEDNESDAY, 11 AUGUST 2010 BY TAIWO HASSAN    Flour Mills of Nigeria Plc has unfolded plans to raise to N70 billion from the Nigerian capital market for its expansion projects.The company’s chairman, Alhaji Ahmed Joda, who unveiled the fund raising plan at the extra-ordinary general meeting in Lagos yesterday, […]

Jonathan Seeks N’Assembly’s Nod for $4.4bn Loan

  From Kunle Akogun in Abuja and Ejiofor Alike in Lagos, 08.11.2010   President Goodluck Jona-than is seeking the approval of the National Assembly to take $4.427 billion external loan to finance “critical infrastructure” in the country.  And in a renewed effort to address the epileptic power supply in the […]