Banking, oil indices lift Nigeria bourse with investors gaining N65.7bn

Banking, oil indices lift Nigeria bourse with investors gaining N65.7bn

By Charles Abuede Persistent buying sentiment aided the positive performance witnessed in Thursday’s session at the Nigerian Stock Exchange, particularly in the oil & gas and banking sectors. At the close of trading, the domestic equities market sustained the previous day’s gain, rising 31 basis points to settle at 40,490.85 points. The positive performance was […]

Uganda's Samuel Mugoya joins African Development Bank as director

Uganda’s Samuel Mugoya joins African Development Bank as director

Samuel Mugoya Higenyi Samuel Mugoya Higenyi has been appointed the director of Syndication and Client Solutions at the African Development Bank Group. According to an official statement, Mugoya has over thirty years of experience in pan-African commercial banking, development finance, and oil and gas industry. Prior to this appointment, he was at Eastern and Southern […]

Appointment of Director, Syndication and Client Solutions Mr. Samuel Mugoya Higenyi

Appointment of Director, Syndication and Client Solutions Mr. Samuel Mugoya Higenyi

The African Development Bank Group is pleased to announce the appointment of Mr. Samuel Mugoya Higenyi as the Director, Syndication and Client Solutions, effective 1st August 2020. Higenyi, a Ugandan national, brings to the Bank over thirty years of pan-African commercial banking, development finance and oil and gas industry experience. He joined the Eastern and […]

Seplat Appoints Emeka Onwuka as CFO, Executive Director

Seplat Appoints Emeka Onwuka as CFO, Executive Director

Seplat Named Emeka Onwuka as CFO and Executive Director Seplat Petroleum Development Company Plc has appointed Mr. Emeka Onwuka as the Chief Financial Officer (CFO) and Executive Director of Seplat, effective from August 1, 2020. In the statement signed by Mrs. Edith Onwuchekwa, Company Secretary and Chief Governance Compliance Officer, and released through the Nigerian […]

Nigerian Capital Market - Pandemic, Performance and Palliative

Nigerian Capital Market – Pandemic, Performance and Palliative

Across the world, the impact of the novel coronavirus is still severe despite the ease of lockdown for economic reasons. The uncertainty continues to heighten and no economy is spared from the fall-out from the COVID-19 outbreak. Many African capital markets are bearish: Namibia, South Africa, Mauritius, Egypt, Morocco, Kenya, Ghana, Malawi and a few […]