AfDB approves $20m for investment in Africa’s renewable energy
African Development Bank Group has approved an equity investment of $20m in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that is mobilising about $400m into renewable energy and resource-efficiency assets across sub-Saharan Africa over a 10-year period. The Vice President, African Development Bank’s Power, Energy, […]
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NovMarket sheds N19bn as NGXASI declines by 0.08%
The equity market on Thursday closed on a bearish note as the All Share Index declined by 0.08% to settle at 44,011.22 points from the previous close of 44,046.94 points. The Market Capitalisation declined by 0.08% to close at N23.972 trillion from the previous close of N23.991 trillion, thereby shedding[…]
Vitafoam to cancel 1.149bn unissued ordinary shares
Vitafoam Nigeria Plc have got shareholders’ approval for company’s proposal to cancel 1,149, 155,936 unissued ordinary shares of 50 kobos each. The shareholders approved this during Vitafoam’s Extra-Ordinary General Meeting (EGM), in compliance with a recent adjustment to the law regulating companies in the country. The Company Chairman, Dr Bamidele Makanjuola[…]
International Breweries appoints new MD and Finance Director
International Breweries Plc has notified the Nigerian Exchange Limited and the investing public of the appointment of Mr. Carlos Coutino as the new Managing Director and Mr. David Tomlinson as the new Finance Director on the board of the Company effective from 1 January, 2023. This is following the resignation[…]
