Renewed bargain-hunting push market index by 0.29%
Following renewed bargain-hunting in most blue-chip stocks, especially Flour Mills and GlaxoSmithkline (GSK ) Consumer Nigeria, the Nigerian equity market commenced trading
Simple agreement for future equity: an emerging trend in financing business start-ups
Statistics has it that 80 percent of startup businesses in Nigeria have failed within the first 18 months. It is however not surprising that lack of access to finance is the most common reason for the failure of these startup businesses in Nigeria.
Urhobo group tasks others on equity, guber pact
The Umogun Descendants Union (UDU) has begun engaging all the ethnic nationalities on the need for the political class to respect the mutually accepted rotational governorship among the three senatorial districts in Delta State.
What cutting cost of governance entails
A publication the other day that President Muhammadu Buhari had decided to cut the cost of governance beginning with a low hanging fruit called estacodes (travel allowances) of federal public officers is gratifying.
Rotation of power promotes equity, fairness, justice, says Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, has said that rotation of power guarantees “equity and social justice under the present democratic dispensation in the country.” The shift of power in geo-political zones and senatorial districts are in conformity with the provision of 1999 Constitution. Mohammed said this at the weekend while addressing…
Equity rises to N3.7b as Beta Glass’ turnover hits N22 billion
The shareholders of Beta Glass Plc are now reaping from their investments as their collective equity improved by N3.7 billion in 2017, the Chairman of the company, Abimbola Ogunbanjo, has revealed. Besides, the company recorded an increase in turnover from N19.09 billion to N22.186 billion representing 16.2 per cent, a growth that was mainly driven…
NLNG shares sales: Selling performing equity absurd, economically illogical
The illogicality in the planned disposal of performing equities by the Federal Government, while non-performing assets continue to guzzle scarce resources, has not only drawn the ire of experts and stakeholders in the oil and gas sector, but further questions the economic credentials of the Muhammadu Buhari-led government.
Equity and an in-law’s gubernatorial ambition
The endorsement of Uche Nwosu by his father-in-law and governor of Imo State, Rochas Okorocha, as the next occupant of Douglas House, is raising questions about equity and justice in a state where one senatorial zone is being gradually edged out of political reckoning. Speculations about the preferred choice of Imo State governor, Rochas Anayo…
FBN Capital seeks collaborative efforts in building African stock exchanges
FBN Capital has called for a supportive knowledge and capacity building initiatives, which will empower and remove impediments that impact the ability of African exchanges to handle sizeable capital inflows.