Stakeholders Archives — Page 8 of 8

March 6, 2019 No Responses

Capital Market Liquidity: Nigeria Seeks National Savings Committee

The Minister of Finance, Mrs Zainab Ahmed has said that the Federal Government is willing to set up a National Savings Committee that will make recommendations to the government on the best ways to mobilise savings that would lead to...

March 5, 2019 No Responses

Nigeria Offers New Bonds For March

The federal government has offered for subscription two-year and three-year savings bonds at 11.62 per cent and 12.62 per cent per annum, the Debt Management Office (DMO) has said. According to the offer circular obtained from the DMO website on...

February 5, 2019 No Responses

SEC Implores Capital Market Stakeholders On Local, Foreign Investments

Stakeholders in the Capital Market have been urged to continue to take positive steps to attract and retain both local and foreign investments as part of measures to stimulate economic growth and develop critical infrastructure necessary for the country’s de...

May 19, 2018 No Responses

Investors Stake N14.2Billion On Zenith Bank, GTBank, UBA In Five Day

Between Monday and Friday this week, investors on the floor of Nigeria Stock Exchange (NSE) staked N14.159Billion on Zenith Bank Plc, Guaranty Trust Bank Plc and United Bank for Africa Plc. Transactions in the Top Three Equities accounted for 491.649...

May 8, 2018 No Responses

Nestle Stakes $7.1b For Starbucks Coffee

Nestle has announced that it will pay Starbucks $7.1billion (£5.2bn) to sell the company’s coffee products. The Swiss giant, which boasts Nescafe and Nespresso amongst its brands, will have the right to market Starbucks’ coffee in retail outlets...

January 12, 2018 No Responses

7UP shareholders approve Affelka’s acquisition of 26.8 per cent stake

Seven-Up Bottling Company Plc shareholders on Thursday approved the Scheme of Arrangement for the acquisition of 26.8 per cent shares by Affelka South Africa. The shareholders gave the approval at the Court-Ordered meeting convened at the instance of the Fed...

November 28, 2017 No Responses

Stakeholders oppose amendment to NIMASA act, 1 % contribution to Navy

Stakeholders in the Nigerian maritime industry have opposed moves to amend the Nigerian Maritime Administration and Safety (NIMASA) Act to pave way for 1% contribution of its revenue to the Nigerian Navy. A statement issued by NIMASA’s head,...