Kevin Ajenifuja alleged before a U.S. district court in Washington that the trade secrets were sold to Vetiva Funds Managers Limited in Lagos.
The Nigerian Exchange Limited (NGX) has announced the resignation of Oscar Onyema as a non-executive director, ahead of NGX Group’s Friday listing.
The Nigerian Exchange Group Plc (NGX Group) has received approval from the Nigerian Exchange Ltd (NGX) to list its shares on the main board of the NGX on Friday.
Shares of NGX Group would be expected to begin trading on NGX following their listing by introduction, said MD/CEO Oscar Onyema.
Nigeria’s stock market continues its losing streak on Wednesday as capitalisation dropped further by N12 billion due to profit-taking on banking stocks.
Mr Onyema will become the Group Chief Executive Officer of NGX Group.