Official: Nigeria Is Highest Importer of Dollars In The World

The current CBN Governor is usually not one to hold his peace when it comes to matters involving monetary policy. Lately he has been...

Are Bureaux D Change To Blame For Weak Naira?

At the recently concluded MPC meeting yesterday where the CBN voted to hold MPR at 12% for the 12straight month, the CBN Governor was...

Honeywell Flour Mills Approves 16kobo dividends

Shareholders of Honeywell Flour Mills (HFM) Plc Tuesday approved the N1.3 billion dividend recommended by the board of directors which in effect translates to...

Dansa to establish £36m energy food plant

Dansa to establish £36m energy food plant http://www.punchng.com/business/business-economy/dansa-to-establish-36m-energy-food-plant/

CRR: Banks Now Lend To Each Other At 44% Interest Rate

This is certainly not a very good period for Nigerian banks. According to Thisday inter bank rates have increased to 44%. See below; There were...

Deal:Famous Brands To Acquire 49% Stake In UAC Restaurants Ltd

  PRESS RELEASE UAC, FAMOUS BRANDS ANNOUNCE STRATEGIC PARTNERSHIP UAC of Nigeria PLC (UAC), a leading diversified Company with operations in foods, paints, logistics and real estate,...

Company Watch: Dangote Sugar To Spend $1.5Billion On Cane Farming

  Nigeria’s biggest sugar refiner will spend $1.5 billion over the next five years on farming cane at home, its managing director said, responding to...

Deal: Dangote Signs $3.3Billion Loan Facility With Consortium Of Banks To Finance Refinery and...

  The Dangote Group on Wednesday sealed a $3.3bn medium term deal with 11 local and foreign banks to finance the building of a petrochemical...

AGM Watch: Vitafoam Shareholders Approve N4Billion Capital Raising Exercise

Vitafoam Plc released a statement stating that its shareholders passed a resolution in line with the company’s Articles of Association that the directors were...

NDIC: Bank Depositors Paid N73.5Billion Dividend In 2012 – NDIC

  Managing Director/Chief Executive Officer, Nigerian Deposit Insurance Corporation, Alhaji Umaru Ibrahim, said a total of N73.5bn was paid as liquidation dividends to 250,209 depositors...

Official: Unity Bank Appoints Acting Managing Director

This is an official release of the Nigerian Stock Exchange; UNITY BANK PLC: APPOINTMENT OF ACTING MANAGING DIRECTOR- Unity Bank Plc notified The Exchange that...

Offical: Dangote Flourmills Plc Changes Its Financial Year End

  This is an official release of the Nigerian Stock Exchange; Dangote Flour Mills Plc notified The Nigerian Stock Exchange that it has changed its financial...

Official:Cadbury Plc, Vono Products Plc and Vitafoam Plc All Appoint New Registrars

Below is an official information from the Nigerian Stock Exchange   CADBURY NIGERIA PLC: CHANGE OF CORPORATE REGISTRARS TO FIRST REGISTRARS LIMITED - Cadbury Nigeria Plc...

Deal: Heirs Holdings Acquires “Significant” Stake In Seadrill Mobil Units Ltd

Tony O Elumelu’s pan-African investment vehicle, Heirs Holdings, today announced a substantial investment in Seadrill Mobil Units (Nigeria) Limited, an affiliate of one of...

Company Watch: FBN Holding Plc Forecast Loan Growth Will Drop To 10% 2013 FY...

FBN Holding granted an earnings call yesterday to analyst throwing more light in to their 2013 H1 performance as well as the outlook as...

Official: AMCON Takes Over Capital Oil & Gas

  The Asset Management Corporation of Nigeria has finally taken over the operations of Capital Oil and Gas Ltd. This was confirmed by a press...

Deal: Shareholders Approve Heineken’s Subsidiary 57% Purchase Of Champion Breweries

  Some good news coming for shareholders of Champion Breweries and Consolidated Breweries Plc. The Shareholders of Consolidated Breweries Plc have voted in favour of the...

This Is Why Your NHF Contributions Can’t Help You Get A Housing Loan From...

  Here is some useful stats; Federal Mortgage Bank of Nigeria (FMBN) has so far disbursed N39 billion out of about N90 billion that has been...

Investor Watch: Vitafoam Launches Music Pillows That Work With iPods

  I own shares in Vitafoam so whenever I see a story on the company I get interested. The company has in recent times placed...

Investor Watch: NAHCO Begins Operations in Enugu, Asaba and Sokoto Airports

  THE Nigerian Aviation Handling Company Plc (nahco aviance) is to begin operations at Enugu, Asaba and Sokoto airports. According to the Head, Corporate Communication (NAHCO), Adesanya Onayoade,...

Deal: Flourmills Plc Signs TSA With Adecoagro

Flour Mills of Nigeria Plc (FMN) has said it entered into a technical assistance agreement with Adecoagro, a leading South American agro-industrial company, listed...

Official: Shoprite Plans 44 New Outlets In Nigeria As Foreign Outlets Jump 28% In...

Shoprite, Africa’s biggest grocer, is ramping up its expansion across the continent with 44 new outlets in Nigeria and 21 in Angola in the...

Berger Paints Open N543million Rights Issue

Application list for the N543.42 million rights issue by Berger Paints Plc opened yesterday as the paints and chemical company seeks equity funding from...

Deal: MoneyGram & eTranzact Sign Money Transfer Agreement

  MoneyGram International and eTranzact  Tuesday signed an agreement to enable PocketMoni customers in Nigeria to receive MoneyGram Money transfers from all over the world...

Official: SME’s Can Now Apply For A Bank Loan With A Moveable Asset As...

  Nigerian newspapers report generally that the central bank has now approved the use of Moveable Assets as collateral for obtaining loans. According to The...

Deal: Flourmills Plc Acquired Thai Farms and Rom Oil Mills Ltd

  Flourmills Plc reported two strategic acquisitions during the year in furtherance of its long term business model. It acquired a controlling interest in Thai...

Deal: African Prudential Registrars Finally Acquires UACN Registrars

The Africa Prudential Registrars Plc (APR) has said it recently completed the acquisition of UAC Registrars, the oldest non-bank-affiliated registrar in the capital market. A...

Deal: FCMB Sells City Securities Registrars To Cardinal Stone Partners

  The Managing Director of FCMB Group Mr. Ladi Lawal just confirmed that the Bank holding company has spun off its subsidiary City Securities Registrars...

Video==> Power Is No Excuse For Any Serious Business Not To Succeed – Dangote

Dangote Cement recently opened its new cement factory in Ibisa. And on hand to grant an interview to ABN Digital was Aliko Dangote. In...

Investor Watch: Dangote Sugar Plans To Double Refining Capacity To 2.75 million metric tons...

Dangote Sugar Refinery Plc (DANGSUGA), Nigeria’s biggest producer of the sweetener, plans to almost double refining capacity to 2.75 million metric tons by 2017...

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Application for Canadian Permanent Residency hits 27900

Applications for Canadian Permanent Residency hit 27,900 in 4 months

According to the April edition of the Canadian Immigration Newsletter, Canada has issued a total of 27,900 Invitations to Apply (ITAs) to Express Entry candidates so far in 2019. 
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Canada invited 3,350 Express Entry Candidates to apply for PR in its April draw

Canada invited 3,350 Express Entry candidates to apply for Canadian permanent residency (PR) in a new draw held on April 17. This is contained in the country's recently released monthly newsletter.

8 things you don’t know about CBN’s Priscilla Ekwere Eleje

Nairametrics highlights the 8 things you probably didn't know about Priscilla Ekwere Eleje, who recently made history as first woman to have her signature on naira. Take a look...