archiveAugust 29, 2016

The Nigerian Stock Exchange (NSE) has implemented a strong regulatory environment to protect investors against infractions while enhancing investor confidence in the market even as it has developed and revised enforceable rules for Dealing Members and Issuers, and signed an MOU with Economic and Financial Crimes Commission (EFCC) to increase...

The Nigerian equities market began the week on a negative note on Monday declining by 0.30 per cent compared to a gain of 0.26 per cent recorded on Friday. The Market Capitalization of the Nigerian Stock Exchange (NSE) also dropped by N28 billion to close at N9.399 trillion compared to...

Governor Seriake Dickson of Bayelsa State on Monday condoled with Chief Brown Etonye and his family over the death of his son, Pastor Barr. Tamarakuro Etonye at his residence in Port Harcourt, Rivers State, describing it as sudden and unfortunate, The deceased is survived by wife, children, an aged father...

As part of strategic business repositioning drive, Lekki Garden Limited, Nigeria’s leading Real Estate development company has appointed Integrated Indigo Limited as Public Relations consultant. With this appointment, Integrated Indigo Limited is saddled with the responsibility of managing perception and reputation for the company to ensure that the company maintains...

  Federal Department of Fisheries (FDF) has destroyed 15 containers of unwholesome frozen fish in Lagos. The consignments were said to have been imported by a company named Food Solution Nigeria Limited. The containers were evacuated by FDF from Sifax Off-Dock Terminal at Trinity, along the Oshodi/Apapa Expressway, to prevent...

Pirate attacks off the coast of Nigeria rose in the first half of the year, while attacks on shipping globally fell to their lowest level in 21 years, according to the International Maritime Bureau. Globally, there were 98 actual or attempted pirate attacks in the first half of 2016, according...

JUNO Food, an indigenous food processing industry in Edo state has signed a Memorandum of  Understanding (MoU) with Italy based renowned management and consulting outfit, Stillwater Consults in its efforts to boast its production. An MOU signed by Head, Stillwater Consult, Mr. Francis Onabis and Chairman Juno Foods Senator Victor...

Chief Executives of top Pharmaceutical Manufacturing Companies under the auspices of Pharmaceutical Manufacturers Group-MAN has commended the new directive of the Central Bank of Nigeria (CBN) to ensure that at least 60 percent of FOREX sales are made to local manufacturers. Speaking at the group forum in Lagos, PMG-MAN Chairman,...

  At the end of the one-day maiden meeting of Northern Christian Association of Nigeria (CAN) during which delegates from all the Northern States and Federal Capital Territory were present, the following resolutions were reached: It was agreed by all delegates at the meeting that Northern CAN would not pull...

Following a directive in the 2009 Corporate Governance Code of the National Insurance Commission (NAICOM) mandating executive directors and non-executive directors, who have stayed over a stipulated period of years, precisely, nine years on the board of insurance firms, to exit the companies, this has led to mass exit of...