The President of the Association for Advancement of the Rights of Nigerian Shareholders (AARNS), Dr.Faruk Umar, has said the production sharing contract (PSC) deal Transnational Corporation of Nigeria (Transcorp) signed with the Nigerian National Petroleum Corporation (NNPC) for the oil block OPL281 will boost the future performance of Transcorp. Transcorp […]
Capital Market
Stock Exchange: Dangote to Step Aside, Aig-Imoukhuede Steps In
The President of Dangote Group of Companies, Alhaji Aliko Dangote, has expressed his desire to step down as President of the Council of the Nigerian Stock Exchange (NSE), THISDAY has learnt. Confirming this in a phone interview, Dangote said he informed the council of the NSE yesterday of his desire […]
Kenya’s bourse to sell up to 38 pct stake in IPO
The Nairobi Securities Exchange (NSE) will sell up to a 38 percent stake in an initial public offering by the end of next month to raise funds for new products and enhance transparency, its chief executive said. Peter Mwangi said the owners of the Kenyan bourse, a mutual company held […]
