Business

AVA Capital set for NGX listing to strengthen market visibility

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 […]
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The wrong way to defend the naira

The wrong way to defend the naira

The Central Bank of Nigeria has been unusually silent on the widening gap between the official exchange and the Bureau de Change (BDC) rates of the naira to the dollar.

‘CBN’s reform not boosting industrial growth’

‘CBN’s reform not boosting industrial growth’

As the reform in the banking sector moves from new monetary policies formulation to recapitalisation of financial institutions, there are strong indications that the manufacturing sector of Nigeria ‘s economy is rapidly going under.

‘How Vision 20: 2020 will grow the economy’

‘How Vision 20: 2020 will grow the economy’

Mr. Elijah Sunday Ifot, a security expert is the managing director and chief executive officer, Elifot Sequip Limited. He speaks in this interview with Sunday Business on the need for government to secure the economic environment in order to achieve its Vision 20: 2020 target.

….Rakes in N80.5million

….Rakes in N80.5million

The Nigeria Customs Service (NCS), Ondo/Ekiti Command has raked in N80.5million in its operations from January to June 2011, just as it also garnered N15.2million in revenue generation for the month of July.