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: Nigerian
Equities rally boosts index by 0.32%
The equities market closed on a positive note on Monday, with major indicators appreciating. Despite closing on a negative note for the last two sessions of last week, analysts had predicted strong activities this week. At the close of activities on Monday, the Nigerian Stock Excange’s All-Share Index rose by […]
NIBSS announces N3.8bn gross earnings
Nigeria Inter-Bank Settlement System Plc on Wednesday said it realised N3.8bn in gross earnings for the financial year ended June 30, 2013. The Chairman, NIBSS, Mr. Tunde Lemo, said this at the company’s Annual General Meeting in Lagos. According to him, the company’s gross earnings for 2013 represent a 52 […]