By Investadvocate Lagos (INVESTADVOCATE)-Cement producer, Ashaka Cement Plc has announced the appointment of a Nigerian managing director (MD), Rabiu Abdullahi Umar to replace Polish Leonard Palka, the company said in an issuer’s announcement last Friday to the Nigerian Stock Exchange. ASHAKACEM said the decision is coming on the heels of […]
Tag: Ashaka Cement Plc
Bloodbath on Nigerian Bourse as Stocks Dip 3.6% to near 3-1/2Year Low
By InvestAdvocate Lagos (INVESTADVOCATE)-There was bloodbath on the Nigerian Stocks Exchange (NSE) as the all-share index (ASI) dipped 3.6 percent to near a three-and-half-year low at the close of Wednesday’s trading. This is coming on the heels of dwindling fortunes of the naira hitting a new low of N300 per […]
Nigerian Equities Extend Losses, Index Dip 1.20% on Banking Consumer Goods Stocks
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Equities on Tuesday extended its losses as all-share index (ASI) dipped 1.20 percent on declines in the Banking and Consumer Goods sectors of the Nigerian Stock Exchange (NSE). The ASI at the close of trading on the local bourse closed at 26,034.93 basis points, while […]
