Business & Economy

The Lagos Chamber of Commerce and Industry has advised the Federal Government to remove fuel subsidies and implement the Petroleum Industry Act. According to the Vice President, LCCI, Gabriel Idahosa, fuel subsidies should be removed because it was no longer sustainable, noting that its removal was fundamental to the growth of the downstream sector. “The Chamber, noting […]

Capital Hotels Plc has notified its Shareholders and other Stakeholders that 22 Hospitality Ltd has successfully acquired 1,611,995,510 Ordinary Shares of 50 kobo each representing 51% of the equity share capital of the Company through Private Placement. All the required regulatory approvals have been received for the transaction. In addition, 22 Hospitality Limited also bought 456,641,337, and[…]

Julius Berger Nigeria Plc has notified the investing public that it has established a ₦30 billion Commercial Paper Issuance Programme  approved by the FMDQ Securities Exchange Limited, under which the Company may from time-to time issue commercial papers, denominated in Nigerian Naira, in separate series or tranches subject to compliance with all relevant laws and in accordance[…]