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, Climate Change and Green Growth Complex, Kevin […]
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NovThe 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 N19 billion. An aggregate of 97.7 million[…]
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 at the Extra-Ordinary General Meeting stated thus:[…]
