AVA Capital set for NGX listing to strengthen market visibility
By Peter Egwuatu AVA Capital Plc, an integrated financial services group with operations in investment banking, asset management, securities trading and trusteeship, is set to list on the Nigerian Exchange Limited (NGX) by way of Listing by Introduction on Friday. According to a statement made available to Vanguard, the listing is a strategic transition into the […]
REA targets 3.7GW solar manufacturing to close Nigeria’s power gap
By Obas Esiedesa The Rural Electrification Agency (REA) has unveiled plans to establish 3.7 gigawatts (GW) of local solar photovoltaic (PV) panel manufacturing capacity by the end of 2027 as Nigeria intensifies efforts to expand electricity access and reduce dependence on imported renewable energy equipment. Managing Director of the agency, Engr. Abba Aliyu, disclosed the initiative […]
Blue chip stocks add N2.5trn to market capitalisation as rally continues
By Peter Egwuatu The Nigerian stock market maintained a bullish run Week-on-Week, WoW, on renewed demand for large-capitalised stocks pushing the benchmark Nigerian Exchange Limited, NGX All-Share Index (ASI) to 247,357.40 points. The positive reading reflected the stronger investor appetite for selected blue-chip and fundamentally strong stocks, with gains concentrated across the banking, consumer goods and […]
Hardship threatens personal pension plan, 92% of accounts dormant
Many traders and artisans also expressed ignorance of the scheme or how it works, even as the National Pension Commission, PenCom, pledged to expand awareness
Customs releases impounded trucks after CGC’s intervention at bonded terminal
By Godwin Oritse The Nigeria Customs Service (NCS) has released 36 trucks belonging to members of the Association of Maritime Truck Owners (AMATO) that were impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks were detained by Customs Police attached to the Zone ‘A’ […]
Engineers seek stronger cost control, valuation to improve project delivery
By Obas Esiedesa Engineers under the Institute of Appraisers and Cost Engineers (IACE) have called for stronger application of engineering valuation, cost engineering and engineering economy principles to address cost overruns, waste and inefficiencies in project execution in Nigeria. The call was made at the 2026 National Technical Conference of the IACE, held in Abuja, with […]
