By InvestAdvocate Lagos (INVESTADVOCATE)-The Bulls on Friday sustained its hold on the Nigerian equities market for the second consecutive week, with the benchmark index closing 1.39 percent Week-on-Week (w/w) higher at 28,247.07 and N9.703 trillion respectively. “Similarly, all other Indices finished higher during the week, with the exception of the […]
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Nigeria lawmakers to investigate $17 bln oil theft claim
Fri Sep 23, 2016/Reuters Lawmakers in Nigeria’s lower house of parliament are to investigate whether $17 billion of petroleum and fuel exports were stolen by companies and government agencies under the administration led by President Muhammadu Buhari’s predecessor. Buhari, elected last year largely on his vow to fight corruption, has […]
Lafarge Africa raises 60 bln naira in bond issues
Thu Sep 22, 2016/Reuters Lafarge Africa said on Thursday it has raised 60 billion naira ($184 million) by issuing three and five-year bonds through book building. The local unit of the world’s biggest cement maker, LafargeHolcim, issued a three-year bond at 14.25 percent to raise 26.38 billion naira and sold […]
