Monthly Archives: May 2015

Michael Jackson Estate Neverland Up for Sale for $100 Million

May 29 2015/Associated Press Neverland, the California property that once served as Michael Jackson’s home and personal fantasyland is being listed at $100 million, according to the Wall Street Journal…. Read more »

Nigeria should charge more for gas to boost production -Oando Gas&Power

Sat May 30, 2015/Reuters Nigeria needs to increase natural gas prices for power plants further to help encourage more gas exploration and production, the chief executive of Oando Gas &… Read more »

Naira may be devalued again –Report

Following the inauguration of the new administration, the naira may be devalued again to reflect the recent drop in Nigeria’s foreign reserves, analysts at Renaissance Capital have said. The analysts… Read more »

Economy Shrank in First Quarter as U.S. Trade Deficit Surged

May 29, 2015/ Bloomberg The world’s largest economy hit a bigger ditch in the first quarter than initially estimated, held back by harsh winter weather, a strong dollar and delays… Read more »

Holcim to Commence Shares Trading on Euronext July 9

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Friday it will commence trading its shares on Euronext on July… Read more »

President Buhari Says No Paying off Old Scores at Inaugural Speech

Inaugural speech by His Excellency, President Muhammadu Buhari following his swearing-in as President of the Federal Republic of Nigeria on 29th May, 2015   I am immensely grateful to God Who… Read more »

PRESTIGE Says Total Outstanding Shares on Nigeria Bourse Now 7.829 Million Units

By InvestAdvocate Lagos (INVESTADVOCATE)- Insurer, Prestige Assurance Plc said on Thursday its outstanding shares listed on the Nigerian Stock Exchange (NSE) is now 7,829,496,464 units. This is coming on the… Read more »

CSCS completed N279bn transactions in Q1 –MD

The Central Securities Clearing System Plc completed transactions worth N279.2bn in the three months ended March 31, 2014, a figure that represents a 1.9 per cent increase year-on-year. The Managing… Read more »

Total Names Jefferson Emeka Nnamani as Executive Director

By InvestAdvocate Lagos (INVESTADVOCATE)- Oil marketing giant, Total Nigeria Plc on Thursday said it has appointed Jefferson Emeka Nnamani as executive director, Technical of the company effective 30 April 2015,… Read more »

Nigeria’s Adesina Elected African Development Bank President

May 28, 2015/Bloomberg Nigerian Agriculture Minister Akinwumi Adesina was elected president of the African Development Bank, beating other candidates from the continent’s west. Adesina secured 58 percent of the votes… Read more »