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...
List of results released on the Nigerian Stock Exchange (Updated November, 2017)
The table below contains a listing of all the results released in 2017 for companies quoted on the Nigerian stock exchange. It includes full...
5 things you should know about the Lafarge Africa rights issue
Lafarge Africa, today submitted an application to the Nigerian Stock Exchange (NSE) for the approval and listing of a proposed rights issue.
Here are key...
Oando explains factors behind strong 3rd quarter profits
Oando Plc sent in this press release providing insights into their performance. The company reported strong third quarter pre-tax profits, its first quarterly profits...
Ecobank announces successful placement of $400 million convertible debt
Ecobank Trans International has announced the successful placement of $400 million convertible debt.
The convertible debt was structured in three tranches: The first, a convertible...
Guinness Nigeria scores 30% increase in sales
Guinness Nigeria Plc has released its 2018 first quarter results for the period ended September 2017.
Here are highlights of the results;
...
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List of successful applicants for TEF 2019 announced
See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.
Cadbury Nigeria Plc appoints new managing director
Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
How to make $1bn from a single product in Nigeria
Nigerian businesses owned by foreign nationals have thrived. Here's a look at how they did it.