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 […]
Alison-Madueke records another first as she’s appointed president of GECF
Barely three weeks after her election as the first female President of the Organization of the Petroleum Exporting Countries (OPEC), the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has been appointed as the President of the Ministerial Meeting of the Gas Exporting Countries Forum (GECF), the first woman to be so appointed by the body.
Unity Bank, Seplat to join NSE 30 Index
Unity Bank Plc, Seplat Petroleum and Sterling Bank Plc are among the stocks that have been penciled down by the Nigerian Stock Exchange, NSE, to join its NSE 30 Index as it finalizes end of year review of the Index.
The composition of the review, which is expected to take effect on January 1, 2015, will also see 7-Up Bottling Co. Plc and Mobil Oil Plc included on the Index, while Total Nig. Plc, Glaxosmithkline, Fidelity Bank, Ashaka Cement and FCMB will be removed.
Shippers Council, NPA, MAN bosses nominated for award
EXECUTIVE Secretary of the Nigerian Shippers Council, NSC, Hassan Bello, Managing Director of the Nigerian Ports Authority, NPA, Habib Abdullahi; Rector of the Maritime Academy of Nigeria, MAN, Oron, Joshua Okpo, and Managing Director of Starsz Investment Company Limited, Greg Ogbeifun, have been nominated for the Maritime Industry Merit Awards (MIMA).
Nigeria can generate N1.7trn from LP gas initiative — Minister
ABUJA: Minister of National Planning, Abubakar Sulaiman, says Nigeria can generate about $10.38 billion (N1.7 trillion), if 50 per cent of the current kerosene users in Nigeria switch over to Liquefied Petroleum Gas, LPG by 2018.
Sulaiman stated this in Abuja, at the inauguration of the Inter- Ministerial Committee on Kerosene to Gas Initiative in Nigeria: The Indonesian Model.
Mentoring programme can curb unemployment, says LCCI
The Lagos Chamber of Commerce and Industry, LCCI, has said that mentoring programs can help curb the high level of unemployment in Nigeria.
