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 […]

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 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 […]