Capital Market

Lafarge Invests €1bn in Cement Production

Lafarge Country Chief Executive Officer (CEO) Nigeria and Benin Republic, Mr. Guillaume Roux, has said that the company has invested more than €1 billion (about N214 billion) in the country since 2008, adding that an additional €1billion would be injected to double its operational capacity within the next three to […]

Investors push Standard Chartered on growth fears

Concerns over future growth from Asian business, and a $1bn (£600m) write-off from struggling Korean division, have led investors to question bank’s capital position Investors in Standard Chartered want the emerging markets-focused bank to “put their capital position beyond doubt”. Major shareholders in the London-based bank have told The Telegraph […]

We haven’t abandoned NSE demutualisation – Oteh

The Director-General Securities and Exchange Commission, Ms. Arunma Oteh, has said the commission has not abandoned the planned demutualisation of the Nigerian Stock Exchange. According to her, a lot of work has gone into the process and the commission remains committed to completing the process. SEC had commenced the process […]