Capital Market

Chams Plc Appoints Olufemi Williams New CEO

By InvestAdvocate Lagos (INVESTADVOCATE)-Chams Plc has appointed Olufemi Williams as the new managing director of the company, Chams said in a notice to the Nigerian Stock Exchange (NSE) late  last week. This is further to the company’s notification of February 2015 that Demola Aladekomo will retire from the board effective […]

BOC Gases Names Ben Mankiti Mabelane Director

By InvestAdvocate Lagos (INVESTADVOCATE) -BOC Gases Nigeria Plc has appointed Ben Mankiti Mabelane as a director, the gas servicing company said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). The company says the appointment is sequel to the resolutions passed at the meeting of the board of directors […]

Nigeria to ease foreign currency restrictions in the long term -VP

October 4, 2015/Reuters Nigeria will keep its restrictions on foreign currency for now to preserve the country’s currency reserves amid plunging oil revenues, but will eventually relax them, the country’s vice president said. Africa’s largest oil producer has restricted imports since June to offset a fall in vital oil revenues […]