Wednesday, April 14African Business News
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Tag: alaro city

Stakeholders urged to tackle market infractions, unclaimed dividend

Stakeholders urged to tackle market infractions, unclaimed dividend

Finance
Ahead of the change of ownership (demutualisation) of the Nigerian Sock Exchange (NSE), stakeholders in Nigeria’s capital market have been urged to collaborate, especially in the area of shared services to tackle infractions and high incidence of unclaimed dividend in the market. Besides, there is a need for operators to continuously put in the public domain initiatives that could help investors to be better informed on developments in the market that would help them in making the right decisions. A Professor of Economics, Babcock University, Segun Ajibola, speaking at the inauguration of a new Governing Council for the Institute of Capital Market Registrars (ICMR), weekend, argued that infractions such as market manipulations, insider trading and unclaimed dividends can’t happen...
Alaro City Welcomes New Investors

Alaro City Welcomes New Investors

Breaking News
Alaro City Welcomes New Production Factory and Housing In Lagos State On the one-year anniversary of its launch in Lekki Free Zone, Alaro City announced a new wave of investments in Lagos State, with the commencement of operations of Ariel Foods, a multinational therapeutic food producer, and multi-sector investments in housing, soap and detergent production, construction materials and equipment, media and energy. Lagos State Governor Babajide Sanwo-Olu joined American, British, Canadian, Nigerian and Kenyan investors from Ariel Foods, Universal Homes, HMD Africa, Sana Industries, Loatsad, Kenol and ASB Valiant to inaugurate latest indigenous and foreign direct investments in Lagos State. “I am pleased to witness the start of operations of Ariel Foods, which ...