Oando Plc states willingness to cooperate with the SEC over forensic audit
Oando Plc in a statement released to the Nigerian Stock Exchange (NSE) today, expressed willingness to cooperate with the Securities and Exchange Commission (SEC)...
BREAKING: IMF Warns Of Global Stagnation, Cuts Growth Outlook Again
The International Monetary Fund (IMF) has cut its world expansion forecast, as weak exports and slowing investment dim prospects in the U.S., a consumption-tax...
RESULTS: Julius Berger Plc Post N7.8billion PAT..See Details
Julius Berger Plc released its 2013 FY results showing revenue rose 5.5% to N212.7billion (2012: N201.5billion). Other highlights of the results are as follows;
Gross...
[Corporate Action] Presco Plc’s Profit After Tax Rises By 58% to N3.5 billion In...
Presco Plc released its financial results for the nine months ended 30 September 2015.
The result showed that revenue rose by 16.23% from N6.9 billion...
Global Tech Investor, Techstars, Selects its First Company from East Africa
The international investors that have boosted more than 650 technology startups have thrown their weight behind their first East African company, Kenya's Bamba Group.
US...
Corporate News Roundup for the week ended April 7, 2018
This Corporate News Compilation for the week ended April 7th, 2018 is brought to you by Bluechip Technology Ltd Nigeria.
1. Jumia Food launched a new app...
The Nigerian Economy Today – 03/04/2017
Summary of the top business, economic and political news in Nigeria.
NAIRAMETRICS BUSINESS & ECONOMY
Latest Tanker Drivers’ Strike Reveals A Striking Theory About The FG...
GE gives government one major condition for investing in discos
According to Executive Director of Association of Nigerian Electricity Distributors (ANED), Sunday Odunton, General Electric (GE) has set stringent conditions for its potential investment in...
First Bank lays down its plans to be the number 1 Digital Bank
The CEO of First Bank Plc, MD/CEO, Dr. Adesola Adeduntan had a media parley on Wednesday, 20th of March 2018 where he laid out the...
All the major economic news from Nigeria in 5 minutes-17/8/2017
Summary of the top business economic and political news in Nigeria today.
Dangote Group has commenced the disbursement of more than...
Renmoney improves loan access with mobile centres
One of Nigeria's financial technology companies, @Renmoney, has begun to establish mobile centres across the country in a bid to bring financial access closer to its customers and prospective customers.
CBN sets new minimum capital for mobile money operators
CBN releases guideline on mobile money services operation.
First SEC Approved 15-Year Corporate Green Infrastructure Bond in the Nigerian Debt Capital Markets
Following the receipt of Board’s approval on 26th September 2018 to raise additional capital and the receipt of regulatory approval from the Securities and...
Nigerian company gets debarred by AfDB for fraudulent bidding process
The Africa Development Bank, AfDB, said it has debarred a Nigerian construction company from bidding for any AfDB projects in the next thirty six months.
Alert: NSE Places Morgan Capital Account On “No Debit”
This probably explains why you can't get your money out.
Q1 2018 profit: Access Bank Plc records ₦22.1 billion
Access Bank Plc today released its financial statements for the period ended Q1 March 31st 2018.
Here are the key highlights of the results;
Revenue
The bank...
Nigeria – Norway trade Volume hits $30 billion
Trade volume between Nigeria and Norway recorded a new high of $30 billion.
Nigeria, China sign $382 million NICTIB 11 project
Nigeria and China to develop information technology.
Senate Asks CBN, Customs To Recover $30b Waiver Funds
The Nigerian Senate yesterday mandated the Central Bank of Nigeria (CBN) in collaboration with the Nigeria Customs Service (NCS) to...
Court Grants Skye Bank Authority To Take Possession of Obat Petroleum Depot
Skye Bank has been given the green light to take over the depot of Obat Oil and Petroleum. The bank got a court order...
Lawmakers unanimously approve new minimum wage structure
Following the adoption of the report by the ad hoc committee set up on the New Minimum Wage Bill presented to the National Assembly by...
NEC in discussions with NNPC regarding petrol prices
The National Economic Council (NEC) has opened deliberations with the Nigerian National Petroleum Corporation (NNPC) over petrol prices in the country. Mohammed Abubakar, Bauchi...
UAC Foods Names Chidi Okoro As MD
The Board of UAC Foods Limited on Monday announced the appointment of Mr. Chidi Okoro as the Managing Director of...
Diamond Bank’s VISA signature debit card, a taste of luxury
Diamond Visa Signature Debit Card is designed to provide customers exceptional spending power and exclusive privileges.
Total And Sany Group Partner On Quality Lubricant Supply
Sequel to the global cooperation agreement signed by Total Lubricants and Sany Group Company Limited in China, the two companies have become partners for the...
Alert: Adeosun Hints VAT On Champagne And Other Luxury Items Might Be 20%
Another shot at this
Siemens Nigeria introduces mobile gas turbine unit that can be installed in two weeks
Siemens Nigeria has introduced a mobile gas turbine into the Nigerian market. The turbine has a maximum capacity of 44 megawatts and can be...
Enjoy your summer with First Bank dollar denominated cards
This summer promises to be an exciting one for holiday makers with First Bank’s bouquet of Dollar denominated cards. Convenience, security, flexibility and improved...
CORPORATE ACTION: Access Bank Plc Announces The Retirement Of Non-Executive Director
The Board of Directors of Access Bank Plc hereby announces the retirement of Mr. Oritsedere Samuel Otubu as a Non-Executive Director of the Company...
[YOUR MONEY] These 6 Companies Will Pay Dividends This Week
The following stocks are expected to pay dividend this week (July 27 – 31, 2015). Only shareholders whose names appeared on or before the...
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The hidden cost of clutter in your home and office
It is important to bear in mind that the accumulation of clutter is a 'financial sin'. This is because clutter ties up cash that could be meaningfully invested. Let this article help you understand how to avoid committing this 'sin'.
UPDATE: Dangote announces impending sale of Dangote Flour Mills Plc to Olam
The Board of Dangote Flour Mills Plc has notified the NSE and the investing public about the acquisition of its shares by Olam International Limited.
Watch two of these FUGAZ banks this week
@firstbankngr and @ubagroup top Nairametrics stocks to watch on the @nsecontact for this week.