Capital Market

Caverton Becomes First Oil Service Coy to List on NSE

Caverton, a leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, made history by becoming the first offshore support company to list on the Nigerian Stock Exchange (NSE).   Having met all NSE and other regulatory requirements, Caverton Offshore Support Group […]

Guinness Nigeria Targets Cheaper Beer in Bid to Return to Growth

Guinness Nigeria Plc (GUINNESS), the west African nation’s second-largest brewer, is expanding its offering of lower-priced beers to arrest sliding profit amid a slowdown in consumer spending in Africa’s biggest economy. The unit of London-based Diageo Plc (DGE) has started sales of the new Dubic lager brand, which costs less […]

Oduoza urges investors to seek credible local partners

The Group Managing Director and Chief Executive Officer, United Bank for Africa Plc, Mr. Phillip Oduoza, has advised investors from developed economies, who are desirous of taking advantage of business and investment opportunities in Africa, to seek credible local partners in order to succeed.  A statement by the bank on […]