The Nigerian Stock Exchange (NSE), on Tuesday, listed 3.350 billion ordinary shares of oil servicing company- Caverton Offshore Support Group Plc, raising the bourse's market capitalisation by N31.829 billion.
Caverton provides marine, aviation and logistics services to local and international oil and gas companies in Nigeria, the first offshore support company to become listed, a move expected to boost the Federal Government's policy of encouraging local capacity and ownership in the oil and gas sector.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article