Updates

PZ Cussons Nigeria Reports Loss of N2.43 Billion in Q1 2016 on FX Misfortune

October 4, 2016 By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, PZ Cussons Nigeria Plc on tuesday reported a loss after tax of N2.43 billion in its first quarter (Q1) report for the period ended August 31, 2016. The company made a loss before tax of N1.58 billion in the review […]

Nigeria on roadshow to promote $1 billion Eurobond

October 4, 2016/Reuters Nigeria’s Debt Management Office (DMO) has launched a one-week roadshow to Britain and the United States to promote a planned $1 billion Eurobond issue to investors, a government official said on Tuesday. “The DMO is currently on a roadshow to the UK and U.S.,” the official told […]

Guinness Nigeria Says Diageo will not Increase Equity Stake

October 4, 2016/NSE Guinness Nigeria Plc (“Guinness Nigeria”) hereby notifies the general public that  further to its announcement on 9 September 2015 of Diageo plc’s (“Diageo”) intention to  make an offer through its wholly owned subsidiary Guinness Overseas Limited for up to 15.7% of the share capital of Guinness Nigeria […]