Updates

NSE Closes Red 0.45% on Active Profit-Taking

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed in red as all-share index (ASI) dipped 0.45 percent on active profit-taking activities to close at 27,475.48 points, while market capitalisation fell by N42.26 billion to N9.44 trillion. “Today’s loss further extended the Month-to-Date and Year-to-Date losses […]

Royal Exchange Says to Delay Further Release of 2015 Audited Report

By InvestAdvocate Lagos (INVESTADVOCATE)-Financial Institution, Royal Exchange Plc said on Tuesday it will further delay its release of 2015 audited accounts. “Further to our press release in the Guardian Newspaper of May 5, 2016 and Thisday Newspaper of May 18, 2016 on the delayed rendition of the company’s 2015 year […]

Lafarge Africa Seeks SEC Approval to Issue N100 Billion Bond

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc said on Tuesday it seeking the approval of the Securities and Exchange Commission (SEC) to issue a N100 billion Series I and II Bond. The cement producer disclosed that the SEC also confirmed the commencement of the Book Build up to N60 […]