Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
Col Umar berates Yar Adua over Dikko’s appointment as Customs boss
COLONEL Abubakar Dangiwa Umar has decried the recent appointment of Alhaji Dikko Abdulahi as head of the Nigeria Customs Service saying that “the ascendancy of Abdullahi to the Customs top past smacks of sheer favouritism and devoid of any meritâ€.
APT Securities counter-claims against bank, demands N141m
APT Securities and Funds Ltd, has counter-claimed against Ariel Investment Management Ltd, Aims Achievers Consulting Ltd and Wema Bank Plc, over the suits against, it in respect of the Food Concepts and Entertainment Ltd shares it instructed the two firms to purchase for it.
Share value up by N120bn
Driven by investors renewed interest market, the value of listed equities appreciated, Tuesday, by N120.13 billion.The market capitalisation which opened at N5.15 trillion rose by 2.3 per cent to close at N5.27 trillion. Also the All-share index rose by 2.3 per cent or 524.06 basis points to close at 22,984.14 points from 22,460.08.Oando Plc recorded the highest share price gain, rising by N4.49 to close at N98.99 per share from N94.50 per share at which it opened, followed by Conoil Plc gaining N2.46 to close at N51.81 per share and Benue Cement Company Plc which appreciated by N1.64 to close at N34.56 per share.
Union Diagnostics declares N237mn dividend
Union Diagnostics and Clinical Services Plc has announced a dividend of N237 million for its shareholders in its 2008 financial year, representing a dividend per share of N0.08.
Stakeholders urge FG on revival of textile industry
Stakeholders in the textile industry on Tuesday stressed the need for government to revive the textile industry and create more jobs. The call was made at the opening of the 21st Annual National Education Conference of National Union of Textile, Garment and Tailoring Workers of Nigeria (NUTGWN) in Benin.
