Business

Customs releases impounded trucks after CGC’s intervention at bonded terminal

By Godwin Oritse The Nigeria Customs Service (NCS) has released 36 trucks belonging to members of the Association of Maritime Truck Owners (AMATO) that were impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks were detained by Customs Police attached to the Zone ‘A’ […]
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Dangote may emerge NSE president

Indications emerged Monday, that Alhaji Aliko Dangote may become the next President of the Nigerian Stock Exchange (NSE), come August 6, 2009, when the Exchange holds its next Annual General Meeting (AGM).

West African insurers should collaborate for regional projects — Coker

Williams Coker is the Secretary-General and CEO of sub-regional insurers organisation, West African Insurance Companies Association (WAICA). He is a student of West African Insurance Institute in The Gambia and also a citizen of the country. He was in Nigeria where he held high level talks with officials of ECOWAS on the future of WAICA. An apostle of regional integration, Coker spoke exclusively to Vanguard weekend on his current brief for the transformation of the body to a commercially viable organisation.

Nigerian stock exchange undervalued in world ranking––Okereke-Onyiuke

THE Director-General of the Nigerian Stock Exchange, Professor Ndi Okereke-Onyiuke, has alleged that the tools applied by international rating agencies to rank exchanges were to the disadvantage of the local stock exchange. Okereke-Onyiuke who was speaking recently during the Capital Market day at this year’s convention of the Association of Nigerian Physicians in the Americas (ANPA), in Abuja , said the Nigerian stock market has been recovering at a very fast rate compared to other markets globally.

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