Click here to view full announcement By InvestAdvocate Lagos (INVESTADVOCATE)-Drugmaker, GlaxoSmithKline Consumer Nigeria Plc (GSK) on Thursday announced that it has received a non-binding offer from Suntory Beverage & Food Ltd for the divestment of its drink bottling and distribution business. “The Board has therefore granted Suntory access to certain […]
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NSE Records 2-Day Losing Streak on Sell-Offs, Index Dip 2.09%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday recorded a two-day losing streak as all-share index (ASI) dipped 2.09 percent on sell-offs in the Banking, Industrial and Consumer Goods sectors. According to Cordros daily market update, the ASI closed at 23, 333.34 basis points, while market capitalisation decreased […]
Allan Gray Fund Offer Investors $4.2344 Dividend per Share
Click here to view full Corporate Action By InvestAdvocate Lagos (INVESTADVOCATE) – Allan Gray International Proprietary Limited, privately owned investment manager in Africa on Wednesday proposed to offer investors $4.2344 per share dividend to shareholders. Directors of the Fund for the time-being said the Fund duly organised and exiting under […]