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Recent Blogs
Jul
30
AVA Capital Set for NGX Listing to Strengthen Market Visibility
AVA Capital Plc, an integrated financial services firm covering investment banking, asset management, securities trading and trusteeship, is set to list on the Nigerian Exchange by introduction. The move is not a capital-raising exercise; no new shares are being issued. Roughly 20 per cent of the company’s shares already sit outside the controlling shareholder structure, […]
Jul
30
Customs Agents Threaten Protest Over Alleged Manifest Manipulation by Shipping Firms
The Association of Nigerian Licensed Customs Agents has threatened to protest over what it describes as manifest manipulation by shipping companies, naming Mediterranean Shipping Company and Hapag-Lloyd. Former ANLCA vice president Kayode Farinto alleged that electronic manifests are filed declaring that containers have been fully discharged in Nigeria, when in practice only part of the […]
Jul
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LCCI Seeks Overhaul of Industrial Policies to Protect Local Manufacturers
The Lagos Chamber of Commerce and Industry has called on government at all levels to overhaul policies affecting the competitiveness of local manufacturers, warning that regulatory bottlenecks, an uneven import duty regime and weak support for indigenous industry are pushing up production costs and deterring investment. Presenting a review of the economy, LCCI president Leye […]