29

Aug

Stock market advances by 0.04%

The Nigerian stock market on Friday closed higher as the All Share Index advanced by 0.04% to settle at 49,682.15 points from the previous close of 49,661.87 points. The Market Capitalisation was up by 0.04% to close at N26.797 trillion from the previous close of N26.786 trillion, thereby gaining N11 billion. An aggregate of 193.5 million units […]

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26

Aug

FG inaugurates NELMCO to resolve tariff shortfalls in power sector

The Federal Government of Nigeria in a bid to resolve tariff shortfalls in power sector has constituted the board of the Nigeria Electricity Liability Management Company (NELMCO). According to the Vice President Yemi Osinbajo, the newly constituted board of the Nigeria Electricity Liability Management Company would enhance ongoing efforts to resolve the liabilities relating to tariff shortfalls[…]

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26

Aug

BUA Foods Plc announces resignation of Isyaku Rabiu as a Director

BUA Foods Plc has notified the Nigeria Exchange and the investing public of the resignation of Isyaku Naziru Rabiu as a Director on the Board of Directors of the Company with effect from 17th August 2022. The step was taken by the Company to meet the regulatory requirements of the Securities & Exchange Commission’s Corporate Governance Guidelines (2020) and the Nigerian[…]

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