The Nigerian Stock Exchange (NSE) has postponed the proposed Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc. According to NSE, the listing earlier scheduled for Friday, July 5th, 2019 was postponed to ensure the Company meets…
Firm Expands Partnership With Maersk, MSC
Israeli shipping company Zim Integrated Shipping Services (ZIM) has further expanded its strategic cooperation with the members of the 2M Alliance – Maersk and Mediterranean Shipping Company (MSC). Specifically, ZIM has now decided to boost ties with 2M on the…
Mazda Recalls 33,000 Vehicles
Mazda is recalling nearly 8,000 CX-9 vehicles for malfunctions caused by faulty wiring harness connector terminals, which could affect the vehicle’s electrical communication. The automaker announced Tuesday that the wiring harness may disrupt electrical communications and disable the front passenger…
NSE Partners Chapel Hill On Alternative Investment Training
The Nigerian Stock Exchange (NSE), in collaboration with Chapel Hill Denham, on Wednesday organized a training on alternative investments titled “Listed Real Assets: A Teach-In on Alternative Investments”. The training covered core concepts of alternative investments, as well as…
Buhari Assent To Anti-Piracy Bill
President Muhammadu Buhari has given his assent to the Suppression of Piracy and other Maritime Offences Bill, 2019, in an unprecedented move billed to bring a dramatic improvement in security on the country’s territorial waters and exclusive economic zone. The…
Obaseki Drops Eight Commissioners
Edo State Governor, Mr Godwin Obaseki, has reshuffled his cabinet, dropping eight Commissioners, nominating six replacements and appointing five Special Advisers. In a statement issued on Wednesday and signed by the Secretary to the State Government, Osarodion Ogie Esq., the…
SEC Reduces Cost, Timelines For Transmission of Shares
Determined to reduce the quantum of unclaimed dividends in the Nigerian Capital Market and encourage beneficiaries of deceased investors to step up efforts to claim such dividends the Securities and Exchange Commission (SEC) has further reduced the time, processes and…
SAHCO Bags Aviation Handling Award
The Skyway Aviation Handling Company PLC (SAHCO) has been awarded the ‘Best Ground Handling Company in West Africa’. The award was given at the 5th edition of the Balafon Travel Awards held at La Palm Royal Beach Hotel, Accra, Ghana….
NSE Suspends Conoil, Ten Others
The Nigerian Stock Exchange (NSE) on Tuesday suspended trading in the shares of 11 companies over delayed filing of accounts. According to NSE Head, Listings Regulation Department, Godstime Iwenekhai, the companies are: Conoil, FTN Cocoa Processors, Goldlink Insurance, Lasaco Assurance,…
New BMW X6 Coupe Debuts
BMW on Tuesday announced new 2020 X6 Sports Activity Coupe. More than ten years ago, BMW combined the attributes of the Sports Activity Vehicle with the more aggressive DNA of a Coupe to create the X6 and the new Sports…
INEC To Resume Distribution Of Uncollected PVCs
The Independent National Electoral Commission (INEC) says it will resume distribution of uncollected Permanent Voter Cards (PVCs) in Bayelsa and Kogi, ahead of the states’ Nov. 16 governorship elections. INEC National Commissioner and Chairman, Information and Voter Education Committee, Mr…
NADDC, FRSC To Declare Open NAJA Training July 26
All is now set for the 2019 Nigerian Auto Journalists Association (NAJA) training workshop scheduled to hold on Friday, July 26, at the Golden Tulip Hotel, along Murtala Muhammed International Airport road, Lagos. Expected as special guests during the training…
NAHCO Photo News
L – R shows Mr. Jude Chiemeka, Divisional Head, Trading Business, The Nigerian Stock Exchange (NSE); Mr. Olumide Bolumole, Divisional Head, Listing Business, NSE; Mrs. Olatokunbo Fagbem Group Managing Director/CEO, NAHCO Plc; Mr. Olumuyiwa Olumekun, Executive Director, NAHCO Plc and…
Minimum Wage: Labour Begins Mobilisation Of Members
Worried by alleged government’s efforts to derail the implementation of a new National Minimum Wage, organized labour has commenced mobilization of its members nationwide to prepare them for “the next line of action”. Operating under the aegis of the Trade…