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Dangote Cement to List, merger with BCC approved by SEC

  060910, , Bday   A plan well passed advanced stages by Dangote Group to list the shares of its cement subsidiary, Dangote Cement, on the Nigerian Stock Exchange (NSE) is set to cause a major shakeup of the capital market in the country that could affect its shape and […]

No evidence Nigeria is broke

  By ,Next234, September 5, 2010  In 2004, as part of a reform programme embarked upon by President Obasanjo, which included the liquidation of much of the country’s external debt, a special account – the Excess Crude Account (ECA) – was created outside constitutional provisions, for the purpose of saving […]

Exchange to cut down its branches by half

  By KELECHI MGBOJI Pursuant to its resolve to cut costs in line with current realities, the Nigerian Stock Exchange (NSE) may have concluded decision to further cut down on liabilities by cutting down on branch spread by more than half.   Daily Sun can authoritatively report that the next […]