Wapic Insurance seeks NSE’s approval to list 15.6 billion rights issue
Wapic Insurance Plc seeks approval to list a Rights Issue of 15,613,194,623 ordinary shares of N0.50 each at N0.38 per share.
Airbnb announces plan to go public
Airbnb has announced its plans to go public in 2020. This is according to a statement released by the company
Police shuts Opay office in Kano
Emerging reports have it that the Nigerian Police Force (NPF) has shut down the office of online payment portal, OPay.
Why Volkswagen will have to recall about 227,000 cars
Automotive manufacturing company, the Volkswagen Group will have to recall about 227,000 VW and Porsche cars.
Qatar Airways lost $639 million in one year
Qatar Airways has reportedly experienced a loss of 2.3 billion Qatari riyals for the year ended March 31, 2019.
Union Bank announces retirement of a Director
Union Bank of Nigeria Plc has announced the retirement of Dick Kramer as the company’s Non-Executive Director.
NPF Microfinance vs C&I Leasing: A tale of two rights offer
NPF Microfinance vs C&I Leasing: A tale of two rights offer
Bruno Bayet steps down as Lafarge Africa’s Chief Financial Officer
Bruno Bayet has resigned from his position as the Chief Financial Officer of Lafarge Africa Plc.
International Breweries appoints a new Director
The Management and the Board of International Breweries Plc have appointed Tolulope Adedeji as a Director.
FY 2018: RT Briscoe Nigeria reduces loss by N0.99billion
FY 2018: RT Briscoe Nigeria reduces loss by N0.99billion
NSE lifts R.T. Briscoe’s shares suspension
The Nigerian Stock Exchange (NSE) has lifted the suspension it placed on the shares of R.T. Briscoe Nigeria Plc today, September 18, 2019.
Crowdyvest launches PlentyWaka to compete with Uber and OBus
Farmcrowdy-owned investment platform, Crowdyvest has launched PlentyWaka, its business-style bus riding service in Lagos, competing with OBus and Uber.
Employers are already after the laid-off Andela engineers
Celestine Omin (@cyberomin), who once worked @Andela as a Technical Consultant and later @Paystack, has something for Andela's laid-off junior engineers.
Tax battle: Apple challenges $14 billion court case
Tax battle: Apple challenges $14 billion court case
Andela is laying off 420 engineers as it refocuses strategy
@Andela has just announced that it is letting go as many as 420 junior engineers across its operations in Nigeria, Kenya, and Uganda.
NAHCO supports FG to boost IGR on food export
The Nigerian Aviation Handling Company Plc (NAHCO) is set to support the Federal Government in its determination to diversify the economy by providing the infrastructure that would boost food export businesses.
Microsoft Africa Development Centre appoints new Managing Director
Microsoft Africa Development Centre appoints new Managing Director
Dangote’s tomato plant shuts down again
Nigeria’s biggest tomato plant owned by the billionaire, Aliko Dangote has closed down again after resuming from an almost three-year shutdown.
Afromedia announces appointment of new directors
Afromedia Plc has announced the appointment of Kabir Usman and Lateef Bakare as its new Non-Executive Directors.
Pilots may ground British Airways in another new strike set to last 10 days
British Airways Pilots are not done with their era of strikes. They are preparing a fresh 10-day strike to protest the lingering issue of pay disputes in the month of November.
APCON’s plan to regulate online advertisements: Konga founder, others react
Sim Shagaya has reacted to the Advertising Practitioners Council of Nigeria (APCON) recently-disclosed plan to regulate online advertisement
AIICO Insurance to increase share capital by 80%
The Board of Directors and the Management AIICO Plc have sought the shareholders’ consideration of the company’s share capital raise from N10 billion to N18 billion.
This billionaire cried in public last night and it’s all good
Last night, the CEO of Nigeria’s Air Peace, Allen Onyema, cried copious tears after he was overwhelmed by a great sense of national pride.
Universal Insurance Plc appoints new Non- Executive Director
Universal Insurance Plc has appointed Barr. Jasper Osita Nduagwuike to its Board as a Non-Executive Director.
Uber sacks over 400 staff for the second time in 3 months
Uber has just dismissed a total of 435 employees from its firm to shore up more profit. The employees represent 8% of members of staff running the company's Engineering and Product team.
Nigerian Companies will soon start contributing to the Police Trust Fund
Companies operating within the shores of Nigeria will soon have an extra cost to worry about, no thanks to the Nigerian Police Trust Fund Act which President Muhammadu Buhari recently signed into law. Now, PwC Nigeria is expressing mixed reactions to the development.
Sterling Bank announces an appointment
Sterling Bank Plc has announced the appointment of Temitayo Adegoke as its Company Secretary and Chief Legal Counsel.
Red Star drives company’s expansion with Azman Air Services partnership
Red Star Express Plc, a logistics and cargo generating company, has started its general sales agent services with a partnership with Azman Air Services Limited.
British Airways ends two-day strike, resumes flight operations
Two days ago, British Airways flight operations were grounded as a result of an industrial action organised by British Airlines Pilots’ Association (BALPA) over pay disputes.
GNI lists shares on NASD after delisting voluntarily from NSE
Following its voluntary delisting from the NSE, Great Nigeria Insurance Plc (GNI) has listed its shares on NASD OTC Securities Exchange Plc,
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FG lists N296 billion savings bond on NSE
The Federal Government has listed savings bonds valued at N296 billion on the Nigerian Stock Exchange (NSE)
Ecobank Nigeria makes senior management appointments
Ecobank Nigeria has announced the appointment of 5 new management officers across various levels in the bank.
Focus on lifting people out of poverty – World Bank tells FG
Focus on lifting people out of poverty - World Bank tells FG