Business

Row Over Adoption Of Single African Air Transport Market

Filed in Business by on January 30, 2018 0 Comments
Row Over Adoption Of Single African Air Transport Market

African leaders’nod for a single air transport market for the continent seems to be giving Nigerian carriers the goose bumps.They argue that the policy can push them out of business, KELVIN OSA OKUNBOR reports Eighteen years after its ground work, the Single African Air Transport Market (SAATM), otherwise known as African Open Skies, has finally […]

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‘Why We Passed Bill Demutualising NSE’

Filed in Business by on January 30, 2018 0 Comments
‘Why We Passed Bill Demutualising NSE’

The decision of the House of Representatives to demutualise the Nigerian Stock Exchange was based on the need to make it more attractive to investors by opening up the capital market in line with global best practices, the Speaker, Hon. Yakubu Dogara, has said. Dogara, in a statement by his Special Adviser on Media & […]

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High Hope As Govt Tackles Building Collapse

Filed in Business by on January 29, 2018 0 Comments
High Hope As Govt Tackles Building Collapse

Can this year be devoid of building collapse? Yes, says the Lagos State Building Control Agency (LASBCA). “It’s a tall order, ” others say. However, while some stakeholders and experts agree with the agency, they, nonetheless, insist that certain measures have to be put in place to attain this feat. MUYIWA LUCAS examines the impact […]

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Nigerian Breweries Lists 67.8m Scrip Shares

Filed in Business by on January 29, 2018 0 Comments
Nigerian Breweries Lists 67.8m Scrip Shares

Nigerian Breweries has listed 67.8 million ordinary shares of 50 kobo each, increasing its outstanding issued shares from 7.929 billion ordinary shares to 7.997 billion ordinary shares. The additional shares further strengthened Nigerian Breweries’ position as the third most capitalised company at the Nigerian Stock market. Nigerian Breweries closed at the weekend with a market […]

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Equities Lose N462b Amidst Profit-Taking

Filed in Business by on January 29, 2018 0 Comments
Equities Lose N462b Amidst Profit-Taking

Nigerian equities came under intense profit-taking pressure last week as investors turned round to monetise capital gains that had accrued in three consecutive weeks of strong rally. As most investors opened up sell orders to attract deals in the buyer’s market, most transactions at the Nigerian Stock Exchange (NSE) were closed at a discount. Benchmark […]

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