Meyer Plc reacts to publications about FIRS' shut down of its premises

Focus: This old paint company is struggling to remain king

There are about five paint manufacturing companies that are currently listed on the Nigerian Stock Exchange.

Caverton releases statement following VP’s crash landing

Following this afternoon's crashlanding of a helicopter with the Vice President Professor Yemi Osinbajo on board,  Caverton Offshore Support Group (parent company of Caverton...
Kupanda Holdings, Mavin Records, Don Jazzy, Music Label, Equity

Mavin Records secures multimillion-dollar equity investment

Mavin Records, Africa’s industry-leading music label, announces its multimillion-dollar equity investment partnership with Kupanda Holdings.

Fintech companies to watch out for in 2019  

The disruption fintechs have brought about is certainly undeniable, even as their effectiveness is one of the qualities that have distinguished them.
Diamondxtra, Access Diamond merger, Diamond Bank, Access Bank, Consolidation, Merger, Shareholders

Access/Diamond merger: No plans to close any branch

Access Bank and Diamond Bank, yesterday, gave an update in its merger plans.
NSE glitch, Nigerian stock exchange, foreign investment

NSE extends trading hours after 4 hour glitch

The Nigerian Stock Exchange (NSE) today encountered a technical glitch which impacted trading activities for about four hours. The bourse disclosed this in a notice...

How EFCC allegedly froze Nairabet’s Polaris Bank account

Akin Alabi narrated how the EFCC allegedly placed a limit on his company’s accounts.
Diamondxtra, Access Diamond merger, Diamond Bank, Access Bank, Consolidation, Merger, Shareholders

What might be your fate as a Diamond Bank Staff

As the news of Access Bank’s likely merger with tier two lender, Diamond Bank continues to filter into the financial system, one thing that...
Diamond Bank's merger with Acess Bank

Access Bank merger: This is what will happen to your Diamond Bank Deposit

Echoes of banking failures in the past have left many Nigerians wary of news concerning a merger.

Deal: Access Bank to merge with Diamond Bank to form Nigeria’s largest bank

It was celebrations galore at Access Bank over the weekend as the Nigerian Tier 1 bank hosted its annual Xmas party for staff, business...
Sheraton Abuja hotel

Why Capital Hotels paid over N500 million as damages to an ex guest

Capital Hotels Plc stated that it had the sum of N560 million deducted from its account with Guaranty Trust Bank.
VFD Group Limited

See how VFD Group plans to reposition Nigeria’s economy

VFD Group Limited recently held its 2nd AGM in Lagos, during which the board of directors obtained shareholders' approval to raise capital for expansion purposes.
Notore PLC

These companies may benefit from the CBN’s latest FX policy

The Central Bank of Nigeria (CBN) Governor Godwin Emefiele, made good his threat to add other items to the list of those banned from the official exchange market.
Investment One Financial Services Limited

Investment One advocates investment in tech as it clocks ten

Investment One Financial Services Limited wants Nigerians to really think about some of the tech ideas that are shaping the future, and invest in them.
Reggie Middleton, Veritaseum, Stockbrokers, NSE, Blockchain, NSE, ASEA 2018

Could this be the end for stockbroking firms in Nigeria?

A blockchain is a growing list of records, called blocks, which are linked using cryptography.

CRe Nigeria may be delisting soon

Continental Reinsurance Plc has sent a notice to the NSE announcing a proposed acquisition of minority holdings by its key shareholder CRe Investments
Cosmas Maduka

How Cosmas Maduka moved from an Underaged apprentice to a multi-billionaire

Across the African continent, there are several stories of successful business tycoons. Some had strong financial boosts from their already wealthy families, while for others,
Teleology, 9mobile, KPI, NCC, CBN

NCC approves new owner for 9mobile

The Nigerian Communications Commission (NCC) has approved the transfer of 9 mobile to new investor, Investment Holding Company, Teleology Holdings Limited. According to Reuters the...
Union Dicon Salt Plc

Focus on this small-cap company and its very ‘salty’ business 

The small-cap company, with its authorised share capital of N300 million, is based in Lagos where it operates at the Kirikiri Lighter Terminal Phase 2.
Gbenga Adebayo; Chairman of the Association of Licensed Telecoms Companies of Nigeria  (ALTON)

NCC’s restriction on VAS is endangering Telcos – ALTON

ALTON chairman give an outlook for the industry in 2019, and challenges telecommunication firms face in Nigeria.
Dangote

Dangote Cement may acquire Kenyan cement company

Dangote Cement has been approached about a potential transaction by advisers to debt-laden Kenyan Cement company.
Funso Aina, MTN, Public Investment Corporation

How MTN Nigeria’s troubles could affect South Africa’s financial system

The South African Reserve Bank (SARB) claimed that the dispute between the Nigerian and MTN could destabilise the country's financial system.
Dangote group

Apapa gridlock may cost Dangote Group over N15 billion this year

Companies operating under the Dangote Group may lose over N15 billion as profit foregone.
tech Startup funding, Partech African fund, Business, Corporate News Roundup

Corporate News Roundup: New Pioneer Industries revealed

Corporate News roundup is a weekly roundup of corporate news and action that took place the previous.
HSBC

Two global banks close offices in Nigeria as foreign investment falls

Global banking giants, HSBC Bank and UBS Group have closed their offices in Nigeria.

Two key factors behind the poor Dangote Sugar Q3 2018 results

Dangote Sugar refinery Plc has attributed the company’s poor results to smuggling.
Arik Air, AMCON

Your data may not be secure with Arik Air

Customer data belonging to Arik Air may have leaked.
Ekocorp Plc

Company Focus: Is Ekocorp Plc still making money in 2018?

Ekocorp Plc is one of the biggest private healthcare providers in Nigeria, and the only one listed on the NSE.
AMCON

REVEALED: Here are the names of AMCON debtors

AMCON has released the names of its top 105 delinquent debtors.
tech Startup funding, Partech African fund, Business, Corporate News Roundup

Corporate News Roundup: Telcos reveal plans to disrupt Financial Inclusion

Corporate News roundup is a weekly roundup of corporate news and action that took place the previous.
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