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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SON set to destroy fake electric bulbs, lamps

SON set to destroy fake electric bulbs, lamps

Standards Organisation of Nigeria (SON) has dispatched its enforcement officers to go to various markets nationwide to seize and destroy substandard electric bulbs and lamps, saying 80 per cent of them are inferior.

Dr. Joseph Odumodu, Director-General of the agency, who handed down the order during a meeting with dealers of electric bulbs and lamps in Lagos, said that any bulb and lamp found below standards should be seized and destroyed immediately.

Inching towards MDGs through CSR

Inching towards MDGs through CSR

Every September 5 has been designated the ‘International Charity Day’ by the United Nations, UN. The maiden edition this year had Mr. Ban Ki-Moon, Secretary-General of the UN urging mankind to donate, volunteer and act with kindness for the betterment of the human race.

Euro Global advocate local raw material sourcing

Euro Global advocate local raw material sourcing

Euro Global Foods and Distilleries Limited has urged companies in the beverage sector of the Nigeria economy to source their raw materials locally, saying this will help grow the economy and ensure the companies compete effectively with their peers in the international market.

Tyler urges African airlines to join IOSA before 2015

Tyler urges African airlines to join IOSA before 2015

Director-General of the International Air Transport Association (IATA), Mr. Tony Tyler has advised governments in Africa to ensure that African airlines are all enlisted in the IATA Operational Safety Audit (IOSA) before the year 2015.

Customer First: What you can do about Poor Service

Customer First: What you can do about Poor Service

Poor service in Nigeria is like the weather.
Everybody talks about it, but nobody seems to do anything about it. Wherever you turn, you will hear someone complaining about poor service by public servants, telecom companies, IT firms, universities or hospitals. What of banks? Almost everybody has one negative thing or the other to say about the banks, their tellers or ATMs.

New trading platform: NSE suspends bonus, dividend payment

New trading platform: NSE suspends bonus, dividend payment

Quoted companies on the Nigerian Stock Exchange, NSE, will not be allowed to announce fresh dividend payment, bonuses or engage in mergers in the next three weeks.

According to a notice obtained from the NSE’s website, there will also not be market actions like splits, rights issues and listing.

NSE stable enough for new issues, says NSE

NSE stable enough for new issues, says NSE

The Nigerian Stock Exchange, NSE, is becoming increasingly safer for investment following the establishment of more rules and regulations leading to improved confidence in the system, said Ibukun Adebayo, Head, International Business Development EMEA, London Stock Exchange.

Airtel named most Innovative telecoms operator

Airtel named most Innovative telecoms operator

Leading Telecoms services provider, Airtel Nigeria, has been named the Most Innovative Telecoms Operator in Nigeria at an Industry Award’s event that attracted regulators, telecoms pundits, top politicians and seasoned journalists.