BIG DEAL: Lafarge Shareholders Also Gives Approval For N100billion Debt or Equity

  LAGOS, July 9 (Reuters) - Shareholders in Lafarge Wapco , the Nigerian unit of French cement maker Lafarge , on Wednesday approved a $1.35...

NPF Microfinance Bank Just Appointed A Managing Director That Shows What It Means To...

NPF Microfinance Bank just appointed a new MD, Mr Akinwumi Mohammed Lawal. I was reading his CV and was blown away by his rise...

This Article Is The Best I’ve Seen Exlpain The FBNH Takeover of Oasis Insurance

FBN Holdings has activated its billion-naira takeover bid for minority shareholdings in Oasis Insurance Plc. FBN Holdings is making the takeover bid through FBN Life...

Official: Oando & Conoco Philips Choose July 31, 2014 As Completion Date For COP...

This here from Oando Energy Resources; CALGARY, ALBERTA June 30, 2014 – Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company”) (TSX: OER), a...

Official: First Bank Appoints Adeduntan Executive Director, CFO

First Bank of Nigeria Limited yesterday announced the appointment of Dr. Adesola Kazeem Adeduntan as Chief Financial Officer (CFO). He is to replace the former...

It’s Official: Fidelity Bank Cards Now Accepted on PayPal

Fidelity Bank Plc has announced the acceptance of its payment cards on the PayPal platform. PayPal is one of the world’s largest online payment platforms,...

GTBank Just Appointed This Heavyweight Technocrat To Its Board

Guaranty Trust Bank Plc (GTBank) has announced the appointment of Mr. Hezekiah Sola Oyinlola as a Non- executive Director. Oyinlola replaces Mrs. Stella Okoli on...

FCMB Joins The Fray, To Raise $300m In Eurobonds

FCMB Group Plc, the lender that acquired bailed-out FinBank Plc three years ago, is planning to raise about $300m this year to boost consumer...

Tall Dream or Wishful Thinking? How CWG Plans To Be The Next Google

Chief Executive Officer of Computer Warehouse Group (CWG) Plc is to further tap into the growth potential of emerging African Economies through the provision...

Livestock Feeds – Expect Improved Performance This year

The Chairman, Livestock Feeds Plc, Mr. Larry Ettah, has said the company is expected to record improved performance this year, following strategic improvements in...

It’s Official: Government Approves Oando COP Deal

Hey guys, the deal is finally done..see official statement from Oando themselves. TSX: OER), a company focused on oil and gas exploration and production in...

FBNH Believes These Steps Will Help It Overcome Regulatory Challenges

FBNH delivered its fact behind the figures on the floor of the NSE yesterday detailing an overview of their performance last year. In the...

This Is How FBN Holdings Plans To Generate Higher Returns This Year

Thisday reports,  The Group Chief Executive Officer of FBN Holdings Plc, Mr. Bello Maccido, yesterday said the company is putting the needed strategies in...

F-I-N-A-L-L-Y: Paypal Enters Nigeria, Begins Services

Finally, guys it's here. Reuters reports; PayPal is entering 10 new countries this week, including Nigeria, providing online payment alternatives for consumers via mobile phones...

Diamond Bank Plans N50.4b Rights Issue @ N5.8 per share

Diamond Bank Plc plans to raise about N50.4 billion from its shareholders as it seeks to strengthen its capital base. A regulatory filing obtained at...

Heritage Bank Partners With D’Banj To Inaugurates “Koko Agroprenuer”

Heritage Bank says agriculture sector is crucial to economic development and it has launched an initiative aimed at making teeming Nigerian youths to embrace...

Afriland Properties (former UBA Properties) Pays N100m Dividend

Afriland Properties Plc has received the approval of its shareholders to pay a dividend of N100m for the financial year ended December 31, 2013. The...

GT Bank Launches Mobile Money For Windows Phone

Nigerians retail banking giant GTB just launched its Windows Phone Mobile app called GT Mobile money.  The platform already exist on Androids and iPhones...

Okomu Shareholders Approve Okomu’s N2.5bn Expansion Plan

Shareholders of Okomu Oil Palm Company Plc on Wednesday approved the proposal of the management for the expansion of its current oil mill from...

Official: Sterling Bank Introduces Loans For Facebook & Twitter Users..See How It Works

Sterling Bank Plc yesterday launched a ‘Social Lender’ scheme that would enable it grant loans to its customers on Facebook. Speaking at the product launch,...

Helios Investment Partners Buys Minority Stake in ARM Pension Managers

Helios Investment Partners, a private-equity firm that focuses on Africa, has bought a minority stake in Nigeria’s ARM Pension Managers to tap into the...

AMCON To Repay N800b Bonds in August and Has No Plans To Buy New...

The Asset Management Corporation of Nigeria says it plans to repay N800bn of bonds due by August this year. The spokesperson, AMCON, Mr. Kayode Lambo,...

Money Spinner? Caverton Helicopters Opens First Commercial Aviation Training Center At MMA

Here is some bit of good news for the Caverton Group. Caverton Helicopters Limited (a subsidiary of Caverton Offshore Support Group PLC) has notified...

VC Firms That Invested In Cheki & Jobberman Begins Screening New Startups For Investments

The venture capital firm, 440.ng, has opened applications for its 2014 Lagos Accelerator programme. The fund is a partnership between venture capital firms, 88mph...

Are These Signs That Banking Stocks Are About To BOOM>>>>>

  The Banking Sector has had a tumultuous 2014 as strict regulatory and monetary policy guidelines threaten their profitability in the months to come. Investors...

B-O-O-M: GT Bank Hits One Year High At Close Of Business (June 6, 2014)

Guaranty Trust Bank  (GTB) hit a one year high of N30 at close of business Friday June 6, 2014. This share price firmly places...

Official: Dangote Flour Mills Appoints New CEO

Dangote Flour Mills Plc has notified The Nigerian Stock Exchange of the appointment of Mr. Thabo Mabe as the substantive Group Chief Executive Officer...

Caverton Declares 12.5kobo Dividends and Announces Plans To Expand Operations

The Chairman, Caverton Offshore Support Group Plc, Mr. Aderemi Makanjuola, has said the company will commence the construction of an aircraft maintenance, repair and...

Deal: Ecobank Acquires ProCredit Holding Of Mozambique

Africa's Ecobank said on Tuesday it had bought a 96-percent stake in the Mozambican subsidiary of Germany's ProCredit Holding, raising the number of countries...

MERGER: Lafarge South Africa, Ashaka Cement & Other Subsidiaries To Transfer Shares To Lafarge...

Lafarge Group has announced its intention to transfer all of its shares in its businesses in Nigeria and South Africa into Lafarge Cement WAPCO Nigeria Plc...

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