Nigerian Stock Exchange releases draft rules for Derivatives market
The Nigerian Stock Exchange, in line with its strategic objective to increase the number of asset classes traded on its platform, is working on...
Bharti Airtel signs agreement to acquire Millicom’s operations in Rwanda
Bharti Airtel Limited (“Airtel”), a leading global telecommunications services provider with operations in 17 countries across Asia and Africa, today said that, through its...
Sahara Group commissions 36 million litres petroleum storage facility in Tanzania
A strategic hub for facilitating the distribution of petroleum products within Tanzania and other East African nations has emerged with the commissioning of a...
Court frees Aiteo Boss Benedict Peters of money laundering charges
A Federal High Court sitting in Abuja has declared Benedict Peters, founder of Aiteo Energy Resources innocent of money laundering charges. Peters, had previously...
GE encourages Africa, China cooperation at Belt and Road Forum in Beijing
This year marked the fourth consecutive year of the China For The World Belt and Road Forum, which is an annual summit co-hosted by...
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)...
General Electric’s views on the “Future of Work in Nigeria”
General Electric (GE) (www.GE.com), Nigeria, today released a whitepaper titled "The Future of Work in Nigeria. Bridging the Skills Gap: The Key to Unlocking...
Lagos Innovates: LSETF launches coworking hubs, loans for startups
The Lagos State Employment Trust Fund, LSETF, yesterday announced “Lagos Innovates”, a series of programs designed for the benefit of technology- and innovation-driven startups...
Nigerian Breweries makes management changes
In a notice, sent to the Nigerian stock Exchange (NSE) today, Nigerian Breweries announced the following board changes:
Johan A. Deyer
Mr Johan A . Doyer...
MainOne, Tizeti partner with Facebook to improve internet connectivity in Lagos
MainOne (www.MainOne.net) and Tizeti (www.Tizeti.com) today announced the completion of a joint development project with Facebook (www.Facebook.com) to enable the expansion of internet services...
Aliko Dangote on the Nasdaq Tower in Times Square, New York
Aliko Dangote is the only African on the Bloomberg 50 list of this year's most influential people. A photo of Aliko Dangote was displayed on...
Aiteo Group & Benedict Peters announce appointment of Nigerian legal team
Further to his recent announcement engaging international law firms to lead the global effort to address legal and political-based issues, the Aiteo Group (www.AiteoGroup.com)...
List of Dividends announced so far in 2017 (Updated December 6, 2017)
As audited accounts start to trickle in companies will propose dividend payments to their shareholders as recommended by their respective board of directors. It...
FirstGem is One! Positioning for Business and Financial Success
Something is brewing ladies! As we move into the new year, it is time to challenge you into taking long elegant strides toward persona...
Transcorp Hilton Abuja wins double 2017 World Luxury Hotel Awards
Nigeria’s Landmark hotel, Transcorp Hilton Abuja, has emerged the winner of two 2017 World Luxury Hotel Awards in the Best Luxury Contemporary Hotel (Nigeria) and Best...
Controversy as Adeosun suspends Mounir Gwarzo, others
The Minister of Finance, Kemi Adeosun, has suspended the Director-General of the Securities and Exchange Commission (SEC), Mr Mounir Gwarzo.
In a statement signed by...
Union Dicon incorporates UDS Farms Limited
In a press release posted on the Nigerian Stock Exchange (NSE) website, Union DIcon Salt Plc has announced the incorproration of UDS Farms Limited...
Facebook to launch tech hub in Lagos next year
Facebook has announced a new nationwide initiative in Nigeria to further cement its commitment and investment in the country, and across the continent. Incorporating a...
Vantage Capital provides $12.5 million of funding to Purple Capital
Africa’s largest mezzanine fund manager, announced today that it has provided $12.5 million of funding to Purple Capital (www.PurpleCapng.com), a prominent Nigerian real estate...
As Global Spectrum prepares for listing, company ownership shrouded in secrecy
In a notice posted on the Nigerian Stock Exchange (NSE) website today, the exchange notified members of the investing community that the board and...
Blockchain: Modex adds top advisor from Google
Modex, the smart contract marketplace, has announced the signing of Google executive as its latest advisor. Onur Bildik, a Google seasoned business professional, advises...
FCMB Group completes acqusition of Legacy Pension Managers
FCMB Group Plc has successfully completed the acquisition of an additional 60 percent equity stake in Legacy Pension Managers Limited (Legacy). The acquisition, which increases the holding company’s interest in the company...
MEST launches incubator spaces in Lagos and Cape Town
Pan-African entrepreneurial training program, seed fund, and incubator MEST today announced the launch of two new Incubator spaces in Lagos, Nigeria, and Cape Town, South Africa,...
Nigerian Stock Exchange proposes amendment and addition to its rules
The Nigerian Stock Exchange, in a notice issued on its website, has called for inputs from the investing public regarding its proposed rules and...
Meet Seun Oni, Beta Glass new director
In a notice sent to the Nigerian Stock Exchange (NSE) today, Beta Glass Plc announced the appointment of Seun Oni as an Independent Director.
Seun...
UACN N15 billion rights issue opens today
In a notice released to the Nigerian Stock Exchange (NSE) today, UACN Plc has announced the opening of its rights issue. 960,432,193 ordinary shares...
Finally, Nigerian Stock Exchange upgrades website
The Nigerian Stock Exchange (NSE or Exchange) is pleased to announce that it has upgraded its website, to be mobile friendly with a cleaner...
NSE announces changes in its Executive Management
The Nigerian Stock Exchange (“NSE” or “The Exchange”) confirmed today that Mr. Ade Bajomo, Executive Director, Market Operations and Technology has resigned his appointment...
Oando Plc launches Lagos Midstream Jetty
Lagos, Nigeria November 7 – ASPM Limited, a subsidiary of OVH Energy Limited, achieved a ground-breaking milestone as it launched its Lagos Midstream Jetty...
Media Mogul, Chris Ubosi, appointed to Diamond Bank board
In a notice sent to the Nigerian Stock Exchange today, Diamond bank announced the appointment of Christopher Ubosi to its board as an independent...
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Billionaires club: The current owners of MTN who need to sell for you to...
If you are one of those very active social media enthusiasts on WhatsApp, Twitter or Facebook, then you must have come across the image...
MTN Nigeria has signed a N200 billion loan deal that effectively shuts out any...
MTN Nigeria's debuted on the Nigerian Stock Exchange by listing over 20 billion shares at N90 per share. Since then the stock has gained 20%, increasing its market cap by over N360 billion to N2.2 trillion.
CBN begins process for the proposed Payments System Vision 2030
The Central Bank of Nigeria (CBN) has begun the process of developing the Payment System Vision 2030 strategy, which will define the strategic agenda for the Nigerian Payments System for the next ten years.