April 5, 2016/AfDB The Africa Regional Integration Index (ARII) Report – Africa’s first effort to measure progress on regional integration – was launched Saturday, April 2 in Addis Ababa, Ethiopia, during African Development Week, which is taking place from March 31 to April 5. Out of all the Regional Economic […]
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Nigeria’s UAC halts share sale, eyes retail for growth
Tue Apr 5, 2016/Reuters Nigerian conglomerate UAC group has suspended a planned rights issue due to a weak equity market and shareholders had rejected a proposal to issue preference shares via a private placement, Chief Executive Larry Ettah said on Tuesday. Ettah said the capital raising would happen at subsidiary […]
NSE: Bulls Reappear as ASI Rises 0.42% on ZENITH GTBank, NB Shares
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed in green as the all-share index (ASI) rose 0.42 percent on the back of the Banking and Consumer Goods indices to close at 25,454.75 points, while market capitalisation added N36.35 billion to N8.76 trillion. “Today’s positive performance […]
