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Friday, January 22, 2021

Seplat’s 2019 Half Year Profit Rises by 15% as revenue hits $355m

Seplat Petroleum Development Company Plc (Seplat), a leading Nigerian indigenous oil and gas company listed on both the Nigerian Stock Exchange (NSE) and London...

NSE Soars Past Global Exchanges, Records Highest Daily Gain in Five Years

The Nigerian Stock Exchange (NSE) All Share Index (ASI) recorded its largest daily gain in more than five years, surging by 4.9% on Tuesday,...

Unilever proposed 5k dividend against 10k in 2014

Unilever Nigeria Plc board of directors has proposed a final dividend of 5 kobo which is below 10 kobo that was paid in 2014....

BUA Cement Lists N1.2 Trillion Shares On NSE

The Nigerian Stock Exchange (NSE) will today list the shares of BUA Cement Plc, which is a product of the merger of Cement Company...

SEC seeks Collaboration on Master Plan

The Securities and Exchange Commission (SEC) has sought the collaboration of media organizations in the country to ensure effective implementation of the Capital Market...

How Peace Mass Transit Acquires 55.82% Shares of C&I Leasing

C&I Leasing Plc on Tuesday January 5, 2021, announced the purchase of 313,326,316 units of the Neoma Africa Fund L.L.C by Peace Mass Transit...

Forte Oil to Raise N50 billion Debt Capital

Nigerian indigenous upstream and downstream player Forte Oil Plc has said it is expected to N50 billion debt capital before the ended of 2016...

Lafarge Africa Post N30.2 Billion Loss

Following the profit warning Lafarge Africa Plc, issued to the market last week on its unaudited second quarter result for the period ended June...

SEC, Judiciary collaborate on Investor Protection

The Securities and Exchange Commission (SEC) and the Nigerian Judiciary have pledged to collaborate in a bid to boost investor confidence in the dispute...

UACN To Acquire More Portland Paints Shares

UAC of Nigeria (UACN) Plc is launching a mandatory takeover bid to acquire additional equity stake in Portland Paints and Products Nigeria (PPPN) Plc. In...

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Incubator Reality set to disrupt Nigerian startups with over N1 billion

The Incubator Reality has created a lifeline to leapfrog and disrupt Nigerian start-ups to increase their capacity and access to funding via a novelty...

President Buhari Orders MDAs To Grant Access To FIRS For Tax Collection

President Muhammadu Buhari has mandated Ministries, Departments and Agencies (MDAs) of government as well as business enterprises to grant access to the Federal Inland...

Airtel Africa Set To Release Financial Statements On January 29

Airtel Africa Plc leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, will announce its results for...