Author: InvestAdvocate

NSE develops Priority Initiative

November 02, 2011 The Nigerian stock Exchange has proposed the following rules and initiatives which are expected to be beneficial to all stakeholders in the market and make it a gateway to the African market. Proposed Short Selling Rule Participants in the Securities Lending Market must locate and borrow the […]

Dangote Sugar post 48.7%loss in Q3 0f 2011

By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Sugar Refinery Plc Tuesday posted a loss of 48.7 percent (48.7%) in its Third Quarter (Q3) Result for the period ended September 30 2011. This was contained in the Result Announcement the by the Firm to the Nigerian Stock Exchange (NSE) in Lagos Nigeria […]

Oando Plc appoints Independent Non-Executive Director

Oando Plc. has informed The Exchange of the appointments of Engineer Yusuf K. J. N’jie and Ammuna Lawan Ali as independent, non-Executive Directors to its Board, effective October 20, 2011. Engineer N’jie has worked in the Oil industry for more than 30 years with companies such as Otis Engineering Corporation, […]