Wealth.ng

TAYO OVIOSU – “PAGA PROCESSED OVER 918,000 TRANSACTIONS WORTH OVER N9.8BILLION” IN 2012

  A few weeks back (April 10, 2013) to be preciser, Businessday ran a cover that suggest Mobile Money was slow on getting traction in...

Top Ten Potential Ipo’s I Want To See In Nigeria

  Most advanced economies have as their backbone great businesses that have become part and parcel of the heritage of the country and one that...

CBN Set To Establish Mortgage Refinance Company To Help Make Loans More Affordable For...

  The CBN has approved a draft Regulatory and Supervisory framework for the establishment of Mortgage Refinancing Companies in Nigeria (MRC). From the draft framework posted...

NOKIA APPOINTS NICK IMUDIA AS MD FOR WEST AND CENTRAL AFRICA

  Nokia has appointed Nick Imudia as managing director for its West and Central Africa operations. Covering a territory that includes Nigeria, Ghana, Ivory Coast, Cameroon,...

Meaning Of Franked Investment Income

  SEC "Investment income on which tax has already been paid (usually deducted at source) and thus exempted from additional tax by the investor. Income...

Is It Time To Dump Or Buy The Pounds Sterling??

On a recent impromptu trip to the US, I borrowed about about £680 from a friend promising to repay on my return. I had...

Samsung Buys Stake In Sharp

The Financial Times reports Samsung is buying a 3% stake in Sharp for a sum of about $107million (Y10billion). Sharp supplies Samsung with panels...
Union Bank

UDO UDOMA IS NEW CHAIRMAN OF UNION BANK.

  One of Nigeria's oldest bank has announced Senator Udo Udoma as their new Chairman. Union Bank announced the appointment today on their website following...

Do You Own Transcorp Shares? Then Get Ready For A Rights Issue

  The Transnational Corporation of Nigeria, Transcorp, announced today that it plans to increase its authorized share capital from N18billion to N22.5billion. It also plans...

Hyundai Stops The Production Of Veracruz

For lovers of Hyundai, the Korean Car company has decided to stop the production of the Hyundai Veracruz line. They sight the boom in...

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Prudential Zenith rolls out virtual services to help customers cope with COVID-19

Prudential Zenith rolls out virtual services to help customers cope with COVID-19

Prudential Zenith Life Insurance is rolling out a range of services to help customers cope with the lockdown occasioned by the Coronavirus pandemic.
COVID-19: FCMB reschedule operations

Covid-19 Update in Nigeria

As at 9:30pm 29th March, Lagos State recorded the highest number with 68 confirmed cases [#COVID-19], followed by Abuja with 21 and Oyo State with 7 confirmed cases. Meanwhile, only one death has been recorded.
FGN Bonds, bond, DMO set to auction N150 billion in FGN Bonds to investors , FGN Bond for February 2020 oversubscribed by investors, DMO suspends April 2020 FGN savings bond offer

DMO suspends April 2020 FGN savings bond offer

The Debt Management Office (DMO) has announced the suspension of the FGN Savings Bond Offer which was slated for the month of April 2020. 
COVID-19: President imposes lockdown on three states

COVID-19: President imposes lockdown on Lagos, Ogun, FCT

President Muhammadu Buhari ordered the lockdown of three states (FCT, Lagos and Ogun) in a bid to control the spread of COVID-19.
Cost pressure dampens earnings growth outlook, Cadbury releases FY result for 2019, grows profit by 26%, Cadbury makes some board changes

Cadbury makes changes in its board

Cadbury Nigeria Plc has announced the resignation of a Non-Executive Director, Mr Gawad Abaza and the subsequent appointment of Mr Nigel Parsons.