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UAC to focus on subsidiary business

UAC of Nigeria Plc has said it will focus on building its subsidiaries for the next three years. A statement from the company on Thursday, said it was set to ensure that it grew its holding company structure to boost profitability. The Chairman, UACN, Senator Udo Udoma, was quoted as […]

SEC To Develop Islamic Finance Master Plan

By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) Thursday said it working at developing an Islamic Finance Master Plan for the Nigerian Capital Market. Arunma Oteh, the Director General of the Commission made this disclosure at the Second Quarter 2013 Capital Market Committee (CMC) Meeting and review of performance […]

Foreign direct investment to Nigeria, S. Africa fell in 2012-UN

Africa was one of only two regions in the world to experience an increase in foreign direct investment in 2012 but inflows to regional giants Nigeria and South Africa declined, a United Nations report said on Wednesday. While global FDI fell by 18 percent last year, Africa bucked the trend […]