November 14, 2016/NSE Stanbic IBTC Stockbrokers hereby on behalf of UAC of Nigeria Plc (“UACN”) notify Dealing Members of the Mandatory Take-Over bid of up to 2,000,000 ordinary shares of 50 Kobo each in Portland Paints and Products Nigeria Plc (“Portland Paints” or the “Company”) at N4.47 per share (the […]
Updates
NSE Says Trading on IKEJAHOTEL Shares Suspended
November 14, 2016/NSE Dealing Members are hereby notified that pursuant to the Provisions of Rule 15.45: Suspension on Trading of Securities, Rulebook of The Exchange, 2015 (Dealing Members’ Rules) full suspension has been placed on trading in the shares of Ikeja Hotel Plc (“the Company”) with effect from today, 10 […]
Nigeria’s Inflation Continues Rise in October as Recession Bites Harder
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s inflation on Monday has continued its rising spree as recession bites harder in Africa’s largest economy, according to the latest report from the National Bureau of Statistics (NBS). According to the NBS, the Consumer Price Index (CPI) which measures inflation increased by 18.3 percent (year-on-year) in […]
