Emzor raises N26.7bn bond to boost local drug manufacturing
By Yinka Kolawole Emzor Pharmaceutical Industries has raised a $19.8 million (N26.7 billion) Series 1 Fixed Rate Bond on the FMDQ Group Exchange, in a major move to strengthen local pharmaceutical manufacturing and complete West Africa’s first full-scale anti-malarial Active Pharmaceutical Ingredient (API) manufacturing facility. The bond, issued through Emzor’s special purpose vehicle, Emzor Pharma […]
NSITF urges compliance with Employees Compensation Act
Managing Director of the Nigerian Social Insurance Trust Fund, NSITF, Alhaji Umar Abubakar, has tasked employers of labour in Nigeria to comply with the provision of Compensation Act of 2010.
Former NSE DG backs delisting of firms from NSE
Former Director General of the Nigerian Stock Exchange (NSE), Apostle Hayford Alile has thrown his support on the proposed plan by the Exchange to delist some firms from Daily Official list.
Analysts raise concern on hindrances to market making
Existing price limits, low market depth, weak human capacity and current operating structure of the market have been identified as factors that could hamper the success of market making, Analysts at United Bank for Africa said.
‘Why operational framework for microfinance banks should be reviewed’
Mr Deji Olanrewaju, a member of Governing Council of Chartered Institute of Bankers of Nigeria, has called for review of the policy framework on microfinance institutions in Nigeria.
Power supply: Firm creates database to appraise Nigerian leaders
Light-Up Nigeria project has created a website to appraise the level of good governance executed by Nigeria leaders in the area of electricity development.
