The Securities and Exchange Commission has inaugurated three committees to implement its 10-year master plan, which is meant to boost activities in the Nigerian capital market. The committees, which were inaugurated on Monday, are to produce a blueprint to grow the capital market over a 10-year period. Speaking at the […]
Tag: capital
Actis buys South Africa payment and card firm for $95 million
 Private equity firm Actis has agreed to buy the payments and ATM business of South Africa’s Transaction Capital (TCPJ.J) for $95 million, targeting the growth of debit cards and electronic payments among millions of low-income shoppers. Actis, a London-based firm focused on emerging markets, will pay 937 million rand […]
Champion Breweries to raise fresh funds
Champion Breweries Plc has announced plans to increase its capital base by raising fresh funds. The firm said it was part of its restructuring programme aimed at ensuring that the ailing company was put back on the path of profitability. A statement by the company on Monday said that the […]
