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 […]
Oil prices: Save for rainy days, expert tells govt
The impact of the falling oil prices may not be felt much on the Nigeria economy, if the government imbibed saving culture, said Mr. Bekuochi Nwawudu, the Director of CBO Capital, a Lagos-based investment advisory and project development.
Senate to adopt $78 oil benchmark for 2015 fiscal year
The Senate is set to adopt the proposed 78 dollars as the country’s oil price benchmark for 2015 fiscal year.
UN Chief announces $8bn to reduce poverty in 8 countries in Africa
UN Secretary-General, Ban Ki-moon, on Monday, announced a new eight billion dollars development initiative to reduce poverty and boost business activities in eight countries in Africa.
N4.7bn fraud: Babalakin’s firms ask court to quash charge
Two companies owned by Wale Babalakin — Stabilini Visioni Ltd and Bi-Courtney Ltd — on Monday asked an Ikeja High Court to quash the N4.7 billion fraud charge preferred against them.
Market capitalisation dips by N81bn
Transactions on the Nigerian Stock Exchange (NSE) opened lower on Monday as the market capitalisation depreciated by N81 billion or 0.63 per cent following the losses recorded by major capitalised stocks.
