Shareholders approve Forte oil restructuring plans

Shareholders of Forte Oil Plc have approved the company's plan to restructure its business operations. At the 39th Annual General Meeting (AGM) in Lagos, shareholders...

Mobil Oil Nigeria has changed its name to 11 (Double One) Plc

In a notice sent to the Nigerian Stock Exchange (NSE), Mobil Oil Nigeria has informed dealing members and the investing public of its change...
Agusto

Share your online banking experience with Agusto & co; new report coming soon!

Also, through this survey, Agusto & Co. will be awarding a bank with the “Best bank on Agusto & Co.’s Consumer Digital Banking Satisfaction Index.

Alert: Andersen Tax Debuts in Africa

Andersen Tax makes its debut in Africa as the former Partners of WTS ADEBIYI & Associates, a tax firm based in Nigeria, adopt the...

[Corporate Action] FBN Holdings PAT Drops By 9.73% to N50 billion In Q3’2015

FBN Holdings released its financial results for the nine months ended 30 Sept 2015. The result showed that grew by 9.31% from N176 billion Q3'2014...

Company Watch: Conoil Plc Projects Revenue Growth Of 65% On The Back Of 7...

An indigenous petroleum product marketing company, Conoil, has said it hopes to grow sales and revenue by over 65 per cent with its seven...
CBN

CBN gives reasons for revoking Skye Bank’s License

More facts have emerged on why the Central Bank of Nigeria revoked the operating license of the now defunct Skye Bank.
Yaw Nsarkoh

How FMCGs have coped with tough economic times in the country

Fast Moving Consumer Goods (FMCGs) such as Unilver and PZ have adopted various measures to remain profitable in the current harsh economic climate. Unilever...
Lafarge Africa Plc, Nigeria investment outlook - Lafarge rights issue

Lafarge Africa to raise N89 billion through rights issue

Cement giant Lafarge Africa in a notice sent to the Nigerian Stock Exchange (NSE), today has indicated its intentions to raise N89 billion through...

Honeywell Group launches accelerator, Itanna

Itanna will roll out four-month innovation programmes for tech-enabled Nigerian startups from its newly built Enterprise Factory in Lagos

UBA Succeeds with N11.5 Billion Rights Issue

United Bank for Africa (UBA) Plc has successfully raised N11.5 billion from the capital market through a rights issue. The...

Top 10 stockbrokers trade N1.9 trillion worth of stocks in 2017

Data from the broker performance report by the Nigerian Stock Exchange (NSE) for 2017 shows the top 10 stockbrokers on the Nigerian Stock Exchange...

Habari, Nigeria’s Largest Platform for Music, Shopping, Lifestyle Content and More, Goes Live

Guaranty Trust Bank plc has announced the launch of Habari, Nigeria’s largest platform for music, shopping, lifestyle content and more

PPPRA Says FG Is Subsidising Petrol By N10.58 Per litre

Latest figures from the Petroleum Products Pricing Regulatory Agency (PPPRA)  shows  that the Federal Government is subsidising petrol at N10.58 per litre. The PPPRA’s latest figures,...

Pharma Deko list new shares

Dealing Members are hereby notified of the supplementary listing of 482,754 ordinary shares of Pharma Deko Plc at N1.80 per share. The shares were listed...

NSE-30 index: Sterling Bank Replaces Total

The Nigerian Stock Exchange (NSE) has released the results of its biannual review for the NSE 30 and the five...

Scangroup targets Nigeria market after settling legal dispute

Marketing communication giant WPP Scangroup is set to kick-start an advertising joint venture in Nigeria. This is coming few days after settling a five-year...
Ghanian president on Dangote

What the Ghanaian President thinks about Dangote Refinery

Ghanaian Government has expressed its optimism towards the Dangote Refinery. The West African country is certain when the refinery begins operation, Nigeria, Ghana, and many other African countries will benefit greatly from the establishment.
Dangote Refinery, Ghana, Crude oil, oil and gas, forex, Africa, Nana Akufo-Addo

Why Dangote petrol will not be sold at FG’s regulated price

When the multi-billion dollars Dangote Refinery eventually begins to refine and sell Premium Motor Spirit (PMS), the product will not be sold in line...

AGM Watch: Shareholders Approves Unity Bank’s Share Recapitalization To N40Billion

Shareholders of Unity Bank Plc on Wednesday approved the proposal of the bank to raise its share capital from N30bn to N40bn. The approval, which...

Wapic Insurance Plc has paid N10.6 billion claims in five years

Wapic Insurance Plc is one of the leading West African full line insurance company.

Schneider Electric, BOI, Others Partner On Solar Power Solutions

Schneider Electric in partnership with Green Village Electricity (GVE) Projects Limited, Arnergy Solar Limited and Bank of Industry (BoI)  have...
Corporate Actions - Nigerian Stock Exchange - NSE

LASACO Assurance joins the race for capital

LASACO Assurance Plc has joined the league of insurance companies queuing to raise capital.

MTN Fine Will Not Be Paid Until Negotiations Gets Concluded

Respite has come to South African telecoms giant MTN over the payment of a massive USD 5.2 billion (N1.04trillion)  fine imposed on the company in...

Blow Out Result? StanbicIBTC Defies Status Quo, Post 100% Increase in PAT

Stanbic IBTC released its 2013 FY results showing a Gross earnings of N111.2billion representing a 21% increase from the N91.8billion posted a year earlier. See...

AGM Watch: Oando Plc Shareholders Approve N5.1Billion Dividend

Shareholders of Oando Plc have approved the payment of the N5.1bn dividend for the year ended December 31, 2012. The shareholders, who gave the approval...
Google

Lagosians can now enjoy free WiFi services from Google

Google has announced the launch of free Wi-Fi hotspots in Lagos.

Citi Bank Gloats: We Raised $400million Loan Facilities For Fidelity Bank

Citi Bank in Nigeria is a relatively small banking unit when compared to the its operations in Europe and in America. However, that will...

Transcorp Hotels Raise N10Billion Bond For Hotel Upgrade, New Investment

Transcorp has issued a N10 billion 7-year fixed-rate bond, due in 2022 under a N30 billion medium term bond programme. The Series 1 Bonds are...
Cybersecurity

Bank CEOs tasked on resolution for cybersecurity issues

Bank CEOs have been advised to acquire the necessary knowledge that will help them to effectively address cybersecurity.
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