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...

Caverton Wins Contract Extension From Total

Caverton Offshore Support Group Plc has notified The Nigerian Stock that TOTAL EXPLORATION & PRODUCTION NIGERIA LIMITED has exercised contract extension options with the...

Fitch Rates Diamond Bank’s $200million Debt “B”

Fitch Ratings has assigned Diamond Bank Plc's (Diamond) USD200m senior debt notes a final Long-term rating of 'B' with a Recovery Rating of 'RR4'....

FBNH Believes This Short-Term Growth Plan Will Bring Its Mojo Back

FBN Holdings Plc has launched a new short-term strategic growth plan that will enhance the leadership position of the holding company and ensure better...

Honeywell, US Agency Sign Agreement for N31bn Sagamu IPP

The Honeywell Group and the United States Trade Development Agency (USTDA) Thursday signed a grant agreement for a feasibility study on the company’s N31...

Official: Skye Bank Secures $150m Tier-2 Capital

As part of efforts to expand its operations, Skye Bank Plc Thursday disclosed that it has raised about $150 million tier-2 capital. The bank’s Group...

Oando Gained 10% Today and This Is Why (22/5/2014)

I got a tweet today pointing my attention to the apparent rise in Oando's shares. At the close of trading today the stock had...

Baptism of Fire: Caverton Stock Drops 18% In Just Two Days After Listing

  It's not often a stock gets listed only to be pounded by the market. Caverton Group listed on the 2oth of May at a...

Deal: Ecobank signs $200million Trade Loan With African Development Bank

Ecobank has signed a $200 million facility with African Development Bank to boost intra-regional trade in Africa, the Pan-African lender said on Thursday. "This facility...

Worth Noting: This Mutual Fund Will Target A Minimum of 12%pa Irrespective of Exit...

SFS Capital Nigeria Limited (A member of the Skye Financial Services Group) has recently launched an investment product called SFS Fixed Income Fund. The...

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Billionaires club: The current owners of MTN who need to sell for you to...

If you are one of those very active social media enthusiasts on WhatsApp, Twitter or Facebook, then you must have come across the image...

MTN Nigeria has signed a N200 billion loan deal that effectively shuts out any...

MTN Nigeria's debuted on the Nigerian Stock Exchange by listing over 20 billion shares at N90 per share. Since then the stock has gained 20%, increasing its market cap by over N360 billion to N2.2 trillion.
CBN begins process for proposed Payments System Vision 2030

CBN begins process for the proposed Payments System Vision 2030

The Central Bank of Nigeria (CBN) has begun the process of developing the Payment System Vision 2030 strategy, which will define the strategic agenda for the Nigerian Payments System for the next ten years.