NGX proposes tougher rules for large-volume trades

by | Nov 18, 2024 | Business

The Nigerian Exchange Limited has proposed new rules on block divestment and large-volume trades. Market stakeholders were invited to share their feedback on the proposed rules in a notice to trading licence holders signed by the Chief Executive Officer of the NGX Regulation Limited, Olufemi Shobanjo, on Friday. The amendment is to  Trading Licence Holders

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The Nigerian Exchange Limited has proposed new rules on block divestment and large-volume trades. Market stakeholders were invited to share their feedback on the proposed rules in a notice to trading licence holders signed by the Chief Executive Officer of the NGX Regulation Limited, Olufemi Shobanjo, on Friday. The amendment is to  Trading Licence Holders

Read More The Nigerian Exchange Limited has proposed new rules on block divestment and large-volume trades. Market stakeholders were invited to share their feedback on the proposed rules in a notice to trading licence holders signed by the Chief Executive Officer of the NGX Regulation Limited, Olufemi Shobanjo, on Friday. The amendment is to  Trading Licence Holders
Read More  Punch Newspapers – Business

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P’Harcourt refinery working, but won’t reduce petrol price — PENGASSAN

P’Harcourt refinery working, but won’t reduce petrol price — PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including diesel, kerosene, and petrol. This update was provided by the PENGASSAN National President, Festus Osifo, during the association’s National

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The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including diesel, kerosene, and petrol. This update was provided by the PENGASSAN National President, Festus Osifo, during the association’s National

Read More The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including diesel, kerosene, and petrol. This update was provided by the PENGASSAN National President, Festus Osifo, during the association’s National
Read More  Punch Newspapers – Business

The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including diesel, kerosene, and petrol. This update was provided by the PENGASSAN National President, Festus Osifo, during the association’s National
Read More

Nigerian edtech startup AltSchool expands into Europe

Nigerian edtech startup AltSchool expands into Europe

Nigerian-owned edtech startup AltSchool has announced its expansion into Europe, marking a major milestone in its mission to provide accessible educational opportunities worldwide. The announcement was made during the SuperCharger Ventures Demo Day on Monday, December 2, 2024, after the company completed the prestigious accelerator program. The startup aims to leverage this support to fuel

Read More

Nigerian-owned edtech startup AltSchool has announced its expansion into Europe, marking a major milestone in its mission to provide accessible educational opportunities worldwide. The announcement was made during the SuperCharger Ventures Demo Day on Monday, December 2, 2024, after the company completed the prestigious accelerator program. The startup aims to leverage this support to fuel

Read More Nigerian-owned edtech startup AltSchool has announced its expansion into Europe, marking a major milestone in its mission to provide accessible educational opportunities worldwide. The announcement was made during the SuperCharger Ventures Demo Day on Monday, December 2, 2024, after the company completed the prestigious accelerator program. The startup aims to leverage this support to fuel
Read More  Punch Newspapers – Business

Nigerian-owned edtech startup AltSchool has announced its expansion into Europe, marking a major milestone in its mission to provide accessible educational opportunities worldwide. The announcement was made during the SuperCharger Ventures Demo Day on Monday, December 2, 2024, after the company completed the prestigious accelerator program. The startup aims to leverage this support to fuel
Read More

African Alliance Insurance pays N780m to annuitants

African Alliance Insurance pays N780m to annuitants

The interim management/board of African Alliance Insurance has paid about N780m to annuitants. This was disclosed in a statement made available to The PUNCH on Tuesday. In October, the National Insurance Commission sacked the board and management of African Alliance Insurance Company. Announcing the sack at the commission’s Lagos office, the Commissioner for Insurance, Olusegun

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The interim management/board of African Alliance Insurance has paid about N780m to annuitants. This was disclosed in a statement made available to The PUNCH on Tuesday. In October, the National Insurance Commission sacked the board and management of African Alliance Insurance Company. Announcing the sack at the commission’s Lagos office, the Commissioner for Insurance, Olusegun

Read More The interim management/board of African Alliance Insurance has paid about N780m to annuitants. This was disclosed in a statement made available to The PUNCH on Tuesday. In October, the National Insurance Commission sacked the board and management of African Alliance Insurance Company. Announcing the sack at the commission’s Lagos office, the Commissioner for Insurance, Olusegun
Read More  Punch Newspapers – Business

The interim management/board of African Alliance Insurance has paid about N780m to annuitants. This was disclosed in a statement made available to The PUNCH on Tuesday. In October, the National Insurance Commission sacked the board and management of African Alliance Insurance Company. Announcing the sack at the commission’s Lagos office, the Commissioner for Insurance, Olusegun
Read More

Chamber urges states to boost intra-African trade

Chamber urges states to boost intra-African trade

The Nigeria-Namibia Chamber of Commerce has called on state governments to deepen trade and investment ties with African countries to unlock economic growth and improve citizens’ welfare. In a statement, the President of the Nigeria-Namibia Chamber of Commerce, Ben Ojo, highlighted the transformative potential of intra-African trade at a recently held Namibia-Delta State Trade and

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The Nigeria-Namibia Chamber of Commerce has called on state governments to deepen trade and investment ties with African countries to unlock economic growth and improve citizens’ welfare. In a statement, the President of the Nigeria-Namibia Chamber of Commerce, Ben Ojo, highlighted the transformative potential of intra-African trade at a recently held Namibia-Delta State Trade and

Read More The Nigeria-Namibia Chamber of Commerce has called on state governments to deepen trade and investment ties with African countries to unlock economic growth and improve citizens’ welfare. In a statement, the President of the Nigeria-Namibia Chamber of Commerce, Ben Ojo, highlighted the transformative potential of intra-African trade at a recently held Namibia-Delta State Trade and
Read More  Punch Newspapers – Business

The Nigeria-Namibia Chamber of Commerce has called on state governments to deepen trade and investment ties with African countries to unlock economic growth and improve citizens’ welfare. In a statement, the President of the Nigeria-Namibia Chamber of Commerce, Ben Ojo, highlighted the transformative potential of intra-African trade at a recently held Namibia-Delta State Trade and
Read More

Greenwich Merchant Bank appoints Ogundeji CEO

Greenwich Merchant Bank appoints Ogundeji CEO

Greenwich Merchant Bank Limited has announced the appointment of Mr Benson Ogundeji as its substantive Managing Director/Chief Executive Officer following approval of the Central Bank of Nigeria. This was disclosed in a statement made available to The PUNCH on Sunday. In the statement, the Chairman of the Board of Directors of Greenwich Merchant Bank Limited,

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Greenwich Merchant Bank Limited has announced the appointment of Mr Benson Ogundeji as its substantive Managing Director/Chief Executive Officer following approval of the Central Bank of Nigeria. This was disclosed in a statement made available to The PUNCH on Sunday. In the statement, the Chairman of the Board of Directors of Greenwich Merchant Bank Limited,

Read More Greenwich Merchant Bank Limited has announced the appointment of Mr Benson Ogundeji as its substantive Managing Director/Chief Executive Officer following approval of the Central Bank of Nigeria. This was disclosed in a statement made available to The PUNCH on Sunday. In the statement, the Chairman of the Board of Directors of Greenwich Merchant Bank Limited,
Read More  Punch Newspapers – Business

Greenwich Merchant Bank Limited has announced the appointment of Mr Benson Ogundeji as its substantive Managing Director/Chief Executive Officer following approval of the Central Bank of Nigeria. This was disclosed in a statement made available to The PUNCH on Sunday. In the statement, the Chairman of the Board of Directors of Greenwich Merchant Bank Limited,
Read More