The Federal Government has said it will invest $2.9tn in its infrastructure stock as part of plans to address the infrastructure deficit in the country. The Minister of State for Finance, Dr. Yerima Ngama, said this in Lagos on Monday at an infrastructure roundtable organised by the Securities and Exchange […]
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Berger Paints raises N543m via rights issue
The management of Berger Paints Nigeria Plc has finalised arrangements to raise N543.43m from its shareholders in a bid to modernise its manufacturing operations. To achieve this, the company is offering 72.5 million ordinary issues of 50k per share at N7.50 to its existing shareholders. According to the Chairman, Berger […]
NSE Domestic Transactions Surpasses Foreign by 3.09% YTD
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Total domestic transactions as at June 30, 2013 has surpassed total foreign transaction by 3.09 percent (3.09%) at Nigerian Stock Exchange (NSE). From the report of foreign participation in equity trading June 2013 by the NSE, total domestic transactions for the review period was […]
