Updates

Naira may not fall below 475, say experts

7/11/2016/Punch Oyetunji Abioye Economic and financial experts say the naira may not fall below 475 against the United States dollar between now and end of December. They based the prediction on declining dollar demand and efforts being made by the Central Bank of Nigeria to boost supply of foreign exchange. […]

Eterna Proposes 25 Kobo Per Share Dividend in 2016

By InvestAdvocate Lagos (INVESTADVOCATE)-oil services firm, Eterna Oil Plc has proposed a dividend of 25 kobo per share to investors of the company. Eterna said on Friday that  closure of Register  for the period ended September 30, 2016 is November 22, 2016, payment date is December 12, 2016 after its […]

Lafarge Says Total Outstanding Shares now 5.42 Billion

 By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc said on Friday that total outstanding shares of the company now stood at 5,423,567,700. This is coming on the heels of the addition of  413,175,709 ordinary shares were added to the outstanding shares of  Lafarge from the acquisition of indirect 50 percent […]