• Sahara Group Renovates Library To Boost Learning In Tanzania

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    The leading African energy conglomerate, Sahara Group, has renovated the library at Pugu Secondary school in Tanzania to boost learning. This has opened a new world of learning and development for over 900 students and 76 teachers of the  institution. The school, which has a celebrated heritage of producing presidents and notable Tanzanians, hitherto experienced…

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  • Dangote Refinery, PTI To Partner On Human Capital Development In Oil, Gas Sector

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    Dangote Refinery and Petrochemicals and the Petroleum Training Institute, (PTI) are to partner together in the area of human capital development and professional certification given the group’s foray into oil and gas business. The group executive director, Stakeholder Management and Corporate Communication of Dangote Group, Engr. Mansur Ahmed who led Dangote Group management to receive…

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  • NAHCO Appoints Bello As New Chairman

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    The board of the Nigerian Aviation Handling Company Plc (Nahco) has appointed Usman Arabi Bello as the new chairman of the company. Bello effectively takes over from the vice chairman, Dennis Hasdenteufel who had been acting in that position since October last year. It would be recalled that in October, 2016, Malam Suleiman Yahyah resigned…

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    Nigerian Equities Market Opens Week With N16bn Gains

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    The Nigerian equities market opened the week, yesterday on a positive side with a gain of N16 billion. In summary, the All-Share Index (ASI) gained 47.90 absolute points, representing a growth of 0.18 per cent to close at 26,373.83 points. Similarly, the market capitalisation gained N16 billion to close at N9.075 trillion. The upturn was…

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  • Dr. Okechukwu Enelamah

    Stock Market Investors Record N604bn Loss In 2016

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    Stock market analysts have revealed that the uncertainty around foreign exchange (FX) availability and the country’s general monetary policies coupled with some tough fiscal policies in 2016 aggregated to ensure a huge loss of N604 billion by investors in the Nigeria’s capital market. The sector analysts also revealed that the Nigerian stock market has followed…

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    Cadbury Nigeria Appoints New Managing Director

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    The board of directors of Cadbury Nigeria Plc has appointed Mr. Muhammad Amir Shamsi as a managing director of the company effective February 1, 2017. In a notice to the Nigerian Stock Exchange, yesterday, Cadbury said that Shamsi appointment follows the resignation of Mr. Roy Naaman with effect from January 31, 2017. Before this appointment,…

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  • SEC Investigating Complaints Against Transglobe Investment & Finance

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    The Security and Exchange Commission (SEC) has ordered directors of Transglobe Investment and Finance Company Limited to appear before the commission over Investors’ N300 million. The directors-Osita Ignatius Odili, Obasola Alao, Bariu Abdul Gaffar, Sunny Obidiegwu, Clement Obineze Maduako, and Alex Ekwueme  were accused of failing to resolve various complaints of over N300 million filed…

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  • Stock Market Records Downturn, Falls By N42bn

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    Trading on the Nigerian stock market fell by N42 billion yesterday, as it continued its bearish trend. The lead indicator, the NSE- All-Share Index (ASI) shed 121.85 absolute points or 0.46 per cent to close at 26,495.04 points. Similarly, the market capitalization declined by N42 billion to close at N9.116 trillion. The downturn was strongly…

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