Capital Market

7-Up’s market capitalisation hits N25bn

  By Ronke Badmus Tuesday, 31 Aug 2010   The Chairman, Seven- Up Bottling Company, Mr. Faysal El-Khalil, has said that the beverage company’s market capitalisation has hit N25bn. He said the company was also controlling 40 per cent share of the beverage industry in the country. El-Khalil, who disclosed […]

SEC, NSE investigates alleged manipulation of AP’s accounts

  By Gbenga Agbana Thursday, 22 Jul 2010   The Securities and Exchange Commission and the Nigerian Stock Exchange are currently investigating an alleged manipulation of the accounts of African Petroleum Plc in the 2009 financial year. The commission, which spoke through its Assistant Director and Head of Media, Mr. […]

We Have Been Vindicated On Banks Recapitalization- Renaissance

SUNDAY, 18 JULY 2010 00:00 EDITOR  BUSINESS NEWS Professionals Friday’s papers were awash with the news that the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi has, after 12 months of intransigence finally agreed that shareholders of the eight taken over banks can finally recapitalize their banks. This […]