THE United States Trade Representative, Mr. Michael Froman, has said American companies should share the benefits of trade with sub-Saharan Africa as the US examines extending duty-free access for imports from many nations on the continent, according to a Bloomberg report. The US African Growth and Opportunity Act, approved by […]
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FCMB divests holdings in City Securities Registrars
First City Monument Bank has divested itself of City Securities Registrars Limited, a statement from the bank said on Tuesday. According to the bank, the move was in line with the holding company structure. Following the divestment, the bank said City Securities Registrars Limited had been wholly acquired by CardinalStone […]
Market capitalisation declines by N71bn
Equity trading activities on the floor of the Nigerian Stock Exchange closed negative on Tuesday with the market capitalisation of the listed equities, shedding N71bn for the second consecutive day. The market capitalisation of the listed equities had depreciated by N71bn or 0.59 per cent on Monday to close at […]
