Category: Press Releases

Nigerians should assess worth in freedom of information by imploring public institutions for governance precepts – Labaran Maku

Latest News, Press Releases Nigeria’s Information Minister, Labaran Maku has charged Nigerians to examine the efficacy of the Freedom of Information Act in the fight against corruption by demanding for information on governance from public institutions. He made the remarks in Abuja at a workshop organised by the Federal Ministry of Information on the FOI…

GlaxoSmithKline Plc Proposal to Increase its Ownership in GlaxoSmithKline Consumer Nigeria PLC:

Management of the GlaxoSmithKline Consumer Nigeria Plc. (“GSK Nigeria” or the “Company”) and GlaxoSmithKline Plc. (“GSK”) announced that they have reached definitive agreement in principle on the terms of a proposal whereby GSK would increase its ownership in the Company to 80 percent (the “Proposal”). Under the terms of the Proposal, GSK would acquire approximately…

Exchange Increases Market Making Stocks

The Nigerian Stock Exchange (NSE) has concluded arrangements to add 7up Bottling Company Plc and UAC-Property Development Company Plc to the list of Market Making stocks on the bourse. The two stocks from the Consumer Goods and Construction/Real Estate Sectors of The Exchange respectively will be added on Thursday, November 1, 2012. The introduction of…

CAP Launches Dulux’s website

MD, Mrs Omolara Elemid Chemical and Allied Products (CAP), a subsidiary of United Africa Company of Nigeria UACN have launched the website for its flagship brand. Managing Director, CAP, Mrs. Omolara Elemide, while explaining the motive behind the website;http://www.duluxnigeria.com; stated that it was developed to provide necessary links that could inspire individuals and professionals to…