Author Archives: Ruth Omoteso

African Alliance Insurance Plc has notified Nigerian Exchange Limited (NGX), Shareholders and the investing public of the appointment of Dr. Alexander Nwuba as a Non – Executive Director of the Company. The appointment has been approved by the Company’s Primary Regulator, the National Insurance Commission (NAICOM). Dr. Alex Nwuba joins African Alliance Insurance Plc from a UAE […]

Transactions on the floor of the Nigerian Exchange on Thursday closed on a negative note as the All Share Index declined marginally by 0.04% to close at 53,170.73 points from the previous close of 53,193.98 points. The Market Capitalisation declined by 0.04% to close at N28.665 trillion from the previous close of N28.677 trillion, thereby shedding N12[…]

The Director-General of Securities and Exchange Commission (SEC), Lamido Yuguda has said that the Commission is planning to provide capital market participants with unique identifiers in order to reduce fraud and the quantum of unclaimed dividends. Yuguda disclosed that the identity management project already ongoing in the capital market was meant to ensure that every participant within[…]