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Tuesday, August 20, 2019

Shareholders Approve’s Wapic Insurance Plan For Fresh Capital

Shareholders of Wapic Insurance Plc on Friday August 16, 2019 unanimously approved the board of directors’ request to raise additional capital of up to...

SEC holds Q2 2019 CMC Meeting

The Securities and Exchange Commission (SEC) has announced that the First Capital Market Committee (CMC) meeting in 2019 has been scheduled to hold on...

SEC Restates Commitment to Investor Protection

The Securities and Exchange Commission, SEC has restated its determination to ensure that investors in the Capital market are adequately protected in all transactions....

Polaris Launches Collateral-Free Salary Advance Solution to Customers

In line with its commitment to creating innovative financial solutions, Polaris Bank has launched a quick credit solution called “Polaris Salary Advance”. Polaris Salary Advance...

Shareholders Okay’s Red Star Express 43 Kobo Dividend… Rights Issue Awaits SEC Approval

Shareholders Of Red Star Express Plc has approved the payment of 43 kobo dividend for the financial year ended March 31, 2019. The approval...

Shareholders Okay’s Ellah Lakes Share Capital Increase … New Directors Join Board

Shareholders of Ellah Lakes Plc has approved the request of board of director to increase its authorized share capital from N1,000,000,000 to N1,500,000,000 by...

Olam Stakes Final Offer For Takeover of Dangote Flour Mill

OLAM International Limited has made a final offer of N120 billion for the acquisition of 99.9 per cent equity stake in Dangote Flour Mills...

Banks To Obtain Customers’ Credit History

The Central Bank of Nigeria has ordered the lending institutions under its regulation to obtain the credit history of customers before giving out loans...

FG Tackling VAT Exemption, Others –Osinbanjo

The Federal Government has stated that it is already tackling the issues regarding stamp duties collection and the extension of the VAT exemption on...

UBA Makes 20 more customers Millionaires, Doles Out N30m in 3rd Draw of...

Pan African financial institution, United Bank for Africa (UBA) Plc, has again rewarded another 20 customers who have emerged winners in the third quarterly draw...

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Greenwich Trust Lists Greenwich Alpha ETF on NSE

The Nigerian Stock Exchange (NSE) has announced the listing of the Greenwich Alpha ETF (“Greenwich Alpha”) by Greenwich Asset Management Limited, on its Daily...

Zenith Bank Declares 30 Kobo Interim Dividend For Half Year 2019

The board of directors of Zenith Bank Plc on Monday August 19, 2019, declared an interim dividend of 30 kobo for the...

FIRS boss, Fowler, To Explain Shortfall In Revenue

The Presidency has queried Babatunde Fowler, the executive chairman of the Federal Inland Revenue Service (FIRS), over shortfalls in revenue collection since the inception...