The Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission (SEC) is set to partner with the United States’ Securities and Exchange Commission (SEC) to ensure transparency and effective organisation of the Nigerian capital market.

Africa Finance Cor poration (AFC) has entered into as strategic partnership with Cenpower Generation Company Limited (Cenpower) and Infraco Limited to boost power generation in Ghana, with the development of the Kpone Independent Power Project – a 340 megawatt combined cycle gas turbine power plant in Tema, Ghana.

Equatorial Bank yesterday fired 150 staff in a bid to restructure its operations for increased efficiency.
ETB is one of the eight banks rescued by the Central Bank of Nigeria (CBN) following the result of its special bank audit last year.

The Institute of Chartered Accoun- tants of Nigeria (ICAN) has inaugurated the Lafia District Society of ICAN in Lafia, Nassarawa State.

The Managing Director of Sovereign Trust Insurance Plc, Mr. Wale Onaolapo, has commended the role of the Nigerian media in the development and growth of insurance industry.

Niger Insurance Plc has finalized its discussions with some foreign investors that have picked interest in the company
The investors, Vanguard investigations revealed, are looking beyond providing financial muscle to support the company’s growth to providing managerial and technical services which would enable the company the company take its prime position in the sector.

Sovereign Trust Insurance Plc has joined forces with other notable brands in the country and the Lagos State Government in sponsoring this first-of-its-kind tour in the country as well as having being appointed the Official Insurer for the 12-day cycling tour.

Recently, hundreds of entrepreneurs drawn from the Micro, Small and Medium Enterprises (MSMEs) operators in the country were hosted to a one day empowerment seminar, courtesy of Diamond Bank PLC.

Red Bull energy drink closed 2009 with a global sales figure of four billion cans, said Country Manager Eric Toulou.
Toulou attributed attainment of the four billion marks to the product’s acceptance as the ultimate energy drink by fun loving consumers of all ages worldwide.

Dufil Prima Foods Plc is coming out with a new promotion for Indomie noodles. It is tagged “Stack & Win Promo,” said Girish Sharma, Brand Manager.

The Nigerian Bottling Company (NBC), said on Monday that water accounts for 85 per cent of its production processes. Based on this, the company said it has therefore made water purification and preservation a major plank of its corporate social responsibility.