Wealth.ng

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...

Margin Loans – Class Action Filed Against First Bank

  This seems like an interesting development because if they win then you can expect a very strong precedent which should scare the wits out...

Currency Defence: Ghana Increases Its MPR To 16%

Just as Nigeria announced a 15 straight month maintenance of its MOR at 12% Ghana on the other hand increased their's to 16% from...

Online Supermarket That Caters For Popular Supermarkets Launched in Lagos

An indigenous company Morpheus Online Business Services, has launched an exciting e-commerce platform in Lagos. The platform buyam.com.ng is set to alleviate the stress...

Dangote Sugar Plans $600million Investment in Kwara, Kebbi and Sokoto States

The investment drive of the Kwara State Government has yielded dividends as the President, Dangote Group, Alhaji Aliko Dangote, has pledged to invest over...

Official: For The 15th Straight Month CBN Keeps MPR At 12%

  The Central Bank for the 15th straight month has decided to keep Monetary Policy Rate ( MPR) at 12 per cent with a corridor...

Official: Unilever Nig Plc Approves N1.40 Per Share as Dividend For FY Ended Dec...

  Shareholders of Unilever Plc have approved a dividend payment of N1.40 per share for their shareholders following their 2012 year end financial report. Unilever...
Oando Plc Has Paid N16.39Billion In Dividends In The Last Five Years

Official: Oando Rights Issue 101% Subscribed

  Oando Plc has announced results of its rights issues which it closed in December, 2012 which saw a total of 4,548,236,276 ordinary shares of...

Talk Is Cheap?? FG Launches Scheme That Will Promote Entrepreneurship Right From Universities

As part of proactive measures    aimed  at  tackling graduate unemployment across the country, the Ministry of Industry, Trade and Investment has inaugurated the University...

Etisalat Obtains $1.2billion (N192billion) Loan From Nigerian Banks

Emerging Markets Telecommunications Services Limited, trading under the name of Etisalat Nigeria, has signed a $1.2bn medium-term syndicated loan facility agreement with Zenith Bank...

Paga and Medplus Strike Deal…But Its Not Just To Sell Drugs

  Paga a leading mobile payment platform in Nigeria has partnered with one of my favourite Nigeria Company Medplus which sees both organisations combine the scale...

Fidelity Bank Plc Create Loans Specifically For Pharmacist

  As usual, I will be using my blog to promote tools and resources that can help startups and small businesses grow. Businesses need funding...

Man City to buy New York City FC

"Manchester City, owned by Sheikh Mansour bin Zayed bin Sultan Al Nahyan, will be the majority owner of the team. Man City and the...

At $1.1Billion Tumblr Is Worth More Than The Combined Value of Oando, Forte Oil,...

It's no news that Yahoo is buying Tumblr for $1.1billion even though Tumblr generated just $13million in income last year and projects $100million in...

Skye Bank Plans to Raise $150million Tier 2 Capital in Q2/Q3

Media reports confirm Skye Bank Plc is planning to raise about $150million in Tier Two Capital (Bonds or Preference Shares or Mezzanine Finance) to...

Company Watch: UPDC Plc Commences Construction Of Festival Mall In Festac

    UACN Property Development Company (UPDC) has commenced the construction of a N5billion Mall that will be located on an expanse of land of measuring...
Union Bank

Know Your Rights==>> Union Bank Ordered To Refund N36Million In Fraudulent Deductions

  If he can do it then you can..... "Union Bank has been ordered to repay a N34 million illegal deduction from a customer’s account. This directive...

10 Tips You Must Know When You Seek For A Bank Loan In Nigeria

Every business at some point in its operating cycle will require some form of finance to pay its short term indebtedness or to fund...

Guinness Ads now back on TV following remorse…but when was it banned??

  If you recall last season, we were very much awash with Guinness Ads as they were the major sponsors of the premier league for...