Sanyo Acquires 25% Stake In Olam Nigeria’s Noodles Business

The Nigeiran Food Business can't get anymore competitive can it.... Japan's Sanyo Foods has joined forces with Olam International to manufacture and distribute instant noodles...

PZ Partner With Wilmar To Invest N100billion In Nigeria (Will Create over 12k Jobs)

PZ Cussons and Wilmar International are working on a multi-billion palm produce investment that will be developed on 50, 000 hectares of land. The investment...

Award Season: GT Bank Is African Bank Of The Year

It's the award season and banks love awards like this... The Guaranty Trust Bank Plc (GTB) yesterday announced that it was on Wednesday conferred with...

AGM Watch: Lean Africa Claims Market Leadership In Publishing

Believe it or not? Learn Africa Plc, formerly Longman Nigeria Plc, has reported that it controls about 60 per cent market share in the publishing...

Company Watch: Pharma-deko Shareholders Approve Equity Raising Via Rights Issue

  Shareholders of Pharma-Deko has approved the boards proposal to raise fresh equity via a rights issue. See below; Shareholders of Pharma-Deko Plc have given the...
Skye Bank

Skye Bank Shareholders Approve N50billion Capital Raising

I mentioned some days ago that Skye Banks is looking to raise equity to increase its Capital Adequacy Ratio. Reuters has confirmed as follows; Skye...

IFC Acquires 8% of Tantalizers Plc

IFC must be finding some economic value in the floundering food business in Nigeria. After investing in Food Concepts (owners of IFC) has now...

Award Season==>> Sanusi Is Central Bank Governor Of The Year For The Third Time

It appears all the Central Bank Governors are either under-performing or just not interested in vying for this awards. After all Awards are very...

Official: First Bank To Close Branches for Two Days Starting Thursday 6th June –...

  If you are an account holder in First Bank better take not of this and make sure you're not caught napping.... First Bank Plc will...

Investment Opportunity In Dogonyaro – (May Be A Cure To Hiv?)

I saw this article in the AM Business Section (Which I bi weekly contribute to as well) written by jennifer Abraham, about the investment...

Oshiomole Happy With Guinness N35billion Investment In Brewery In Benin City

This is great news for the people of the ancient city if Benin. However, it will be interesting to see how this benefits shareholders. Edo...

Digital Printing Company Konica Minolta Has Invested N1billion in Nigeria

Konica Minolta is a Japanese Company that manufactures business and industrial imaging products, including copiers, laser printers, multi-functional peripherals (MFPs) and digital print systems for...

After Being Bailed Out By AMCON, Nigerian Banks Continue To Chase Awards. This Time...

Despite lending at exorbitant rates and only just recovering after being bailed out by AMCON, the award spree has started again.   Guaranty Trust Bank Plc...

GSK Shareholders Against Take Over By Foreign Owners??

I saw this article on Vanguard which I thought was worrying. It's not clear who is complaining here but all the same it is...

Sorry Folks: CBN Won’t Rush To Cut Interest Rates – Sanusi

Just like I expected; The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Monday  restated that the central bank will not...

How Saka Ported To MTN

I am probably one of the very few people who think the MTN ad many refer to as a masterstroke (including me) was unethical...

Despite Having Industry Lowest Cost To Revenue Ratio, GTB Sacks 100 Staffs

  GT Bank has changed much since the entrance of Segun  Agbaje as MD. They've continued to lead the indsutry in terms of profitability mostly...

Confirmed: 7 Nigerian States Control 90% Of Cash Transactions In Nigeria. (See List)

This is worth Noting "The Central Bank of Nigeria (CBN) has said Lagos and the six other states control about 90 per cent of cash...

Nigeria Consumes Far Less Beer Than Other African Countries – Guinness MD

I'm pretty sure will find this hard to believe but coming from the first Nigerian MD of Guinness (Mr Seni Adetu) in over 20...

International Breweries Plc Declares 25kobo Dividend For Period Ended March 2013

International Breweries Plc has declared a dividend of 25kobo per share or 1 for 85 held in the company. The company plans to pay...

Confirmed===>” Low Interest Rate Not Feasible” CBN

Not like it's anything new but to hear it from the CBN itself is worth noting. “Everywhere in the world, if you have an election,...

AMCON Tenure Actually Begins in 2014 Not 2010!!!! Sanusi

  Don't worry I am as gobsmacked as you are. Anyway, the CBN Gov was quoted as follows; About Lifespan “Clearly from where we are, we have...

Luxury Furniture Maker, Lifemate Offering 50% Discount

I just got a scoop that Lifemate, a furniture making company based in Ikeja is offering 50% discount for some select furnitures and fittings....

Caverton Group Post N1.03billion PAT For 2012

Caverton Offshore Support Group has recorded a profit after tax of N1.035bn for the 2012 financial year. A statement by the company on Thursday explained...

Official: GSK Shareholders Approve Dividend Of N1.30

Shareholders of GSK have approved a dividend of N1.30 per share at their recently concluded AGM. GSK is by far the most profitable Pharmaceutical...

Is This The World Bank PR Video That Jump Started The Positive Economic Image...

  Like I've said recently Nigeria has been getting some good PR on the economic front lately. Its hard not to believe there is strong...

Report: ARM Recommends You Sell Your Guinness Shares Now

There you have it, ARM have placed a 'SELL' on Guinness Stock. I have blogged severally about Guinness Stock (check related post below) placing...

NPF (Police Bank) Post N531Million PAT, Proposes 10Kobo Per Share Dividend

NPF MICROFINANCE BANK PLC 2012 AUDITED FULL YEAR: Total Operating Income N1,917,183m Total Operating Expenses N1,231,543m Profit Before Tax N685,640m Tax N154,691.00m Profit After...

Official: Consolidated Breweries Shareholders Approve 80kobo Per Share Final Dividend

The company had earlier declared final dividend payment of 80 kobo per share (paid 30kobo earlier in the year) when it released its results....

Video: CBN Monetary Policy Briefing May 21, 2013

The CBN Monetary Policy Committee on Tuesday, 21st May 2013 agreed to retain the MPR at 12%. Below is the video of the press...

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Access Bank Plc appoints Chizoma Okoli as new Director

Access Bank Plc appoints Chizoma Okoli as new Director

Ms Chizoma Okoli brings with her a deep banking and board room experience and will be an added advantage to the Access Bank team.
Nigerian Stock Exchange - nairametrics

List of Dividends announced so far in 2019

As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors. It...
About CWG Plc

Focus on this IT firm, its glorious days and rough patches

CWG Plc is segmented into five core areas which include: IT infrastructure services, communications, software solutions, wtc