Updates

Portland Paints to raise N1b fresh equity funds from shareholders

January 18, 2017/the Nation Portland Paints and Products Nigeria (PPPN) PLC has secured the approval of the Nigerian Stock Exchange (NSE) to raise more than N1 billion in new equity funds in its bid to expand its business. A regulatory document at the Exchange obtained by The Nation indicated that […]

Nigeria needs to close gap between official and black market rates “very soon”: VP

January 17, 2017/Reuters Nigeria needs to close the gap between the official and black market rates for the naira against the dollar “very soon”, Vice President Yemi Osinbajo said on Tuesday. “The gap between the official and parallel market… it isn’t helpful,” he told reporters at the World Economic Forum […]

CEO confidence rises despite new risks, uncertainty-PwC

January 17, 2017/PricewaterhouseCoopers LLP (PwC). Confidence in company growth rises SA CEOs plan to increase their headcount over the next 12 months SA concerns about exchange rate volatility and economic uncertainty at record levels Worldwide, CEOs’ confidence levels for their growth prospects and outlook for the economy is back on […]