Tag: Equity
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Equity market drops N51bn
The market capitalisation of the Nigerian Exchange Ltd. (NGX) Monday dropped by N51 billion.
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AfDB approves $20m equity investment to boost infrastructure
The Board of Directors of the African Development Bank (AfDB) Group, has approved an equity investment of US$ 20 million to mobilise private capital for infrastructure development across the continent. The bank, in a statement on its website, said that the fund was part of Africa’s 50 Infrastructure
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The relevance of the OUK formula in Abia succession politics – By Chido Nwakanma
Both sides of the dispute over the tilt of the governorship of Abia State circa 2023-2027 may find in former Governor Orji Uzor Kalu an unlikely resource for its resolution. Kalu implemented a formula that changed the state’s power structure into a quadrant. He did so unwittingly in 2007 when he ensured that Chief (now…