PUNCH
NSE charges dealing clerks on integrity
The Nigerian Stock Exchange has charged 31 newly inducted 31 qualified dealing clerks also charged them to uphold the virtues of integrity, good character and high ethical and professional standards.[Read More…]
Shareholders approve PZ Cussons’ merger with subsidiaries
The shareholders of PZ Cussons Nigeria Plc, and its subsidiaries, PZ Tower and PZ Power, have approved the plan to merge the three entities into one in compliance with the Investment and Securities Act 2007 regulations.[Read More…]
DAILY SUN
World Bank, IFC unveil off-grid lighting solution for Nigeria
The World Bank and the International Finance Corporation (IFC) have unveiled an off-grid solar power solution for Nigeria tagged Lighting Africa.[Read More…]
Why FG should drive listing on Stock Exchange –Gwarzo, SEC DG
Contrary to moves in some quarters to get some firms listed by fiat, the Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, thinks otherwise.[Read More…]
GUARDIAN
Lagos completes Badagry asphalt plant, pledges to fix more roads
Apart from construction of the two plants, employed of 105 additional artisans as maintenance gang members are all geared up towards boosting the operational activities of the corporation by ensuring that Lagos experience motor-able and pot-hole free roads at all times.[Read More…]
VANGUARD
NIA, CIIN bid to reposition insurance in financial services sector
Chairman of Nigerian Insurers Association, NIA, Mr. Godwin Wiggle has assured that the Association will continue to support the Chartered Insurance Institute of Nigeria, CIIN, to move the insurance industry forward.[Read More…]
Training, key to unlocking e-commerce potential in Nigeria – Akinde
Chief Executive Officer of e-commerce solution provider, Slimtrader, Femi Akinde has identified capacity building as a critical ingredient to unlocking the potential of e-commerce in Nigeria.[Read More…]
LEADERSHIP
Transcorp Hotels Issues N9.758bn Bond
Transcorp Hotels Plc – the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp Plc) has announced a successful naira bond market transaction, issuing a total of N9.758 billion.[Read More…]
REUTERS
Bank of Japan Kuroda says no need to adopt negative deposit rates in Japan
Bank of Japan Governor Haruhiko Kuroda said on Monday he saw no need to implement negative deposit rates in Japan as borrowing costs were already very low due to the central bank’s aggressive asset purchases.[Read More…]
BLOOMBERG
China’s Sichuan Shengda Defaults on Onshore Bond as Growth Slows
A Chinese pig iron producer said it missed a bond payment, becoming at least the seventh firm to renege on obligations in the local note market this year.[Read More…]