Updates

AfDB and the West Africa Power Pool sign US $1.9 million grant for Nigeria-Benin Interconnector Reinforcement Project

23/5/2016/AfDB The West Africa Power Pool, a Specialized Institution of the Economic Community of West African States (ECOWAS), and the African Development Bank signed a grant agreement on Monday, May 23, 2016 worth US $1,992,721 to support the Nigeria-Benin Interconnector Reinforcement Project. The grant will help the construction of a […]

NSE ASI Decline 0.37% on Sell-Offs to Open Week

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week on a negative note as all-share index (ASI) declined 0.37 percent to close at 27,015.97 points, while market capitalisation decreased by N34.74 billion to N9.288 trillion. “Today’s loss reduced the ASI’s monthly gain to 7.79 […]

Beta Glass Names Three new Directors

By InvestAdvocate Lagos (INVESTADVOCATE)- Nigerian glass maker, Beta Glass Plc announced Monday it has appointed three (3) new directors to its board with effect from March 17, 2016. Those appointed include Olaolu Akerele, Nikolaos Mamoulis and Darren Bennett-Voci. “Mr.George Papachristou resigned as managing director and Darren Bennett-Voci was appointed the […]