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Wednesday, July 15, 2020

Guinness Nigeria Acquire Rights to distribute McDowell’s

Guinness Nigeria Plc has agreed to acquire the rights to distribute McDowell’s a mainstream spirit brand of United Spirits Limited (USL) in Nigeria. USL...

Fed Govt pushes for 5% interest on agric loans

The Federal Government yesterday urged the Central Bank of Nigeria (CBN) to reduce the lending rate to farmers in the country to five per...

NDIC releases framework for insuring non – interest banking deposits

The Nigeria Deposit Insurance Corporation (NDIC) has developed a framework for insuring liabilities on non-interest banking deposits in the country. The development was sequel...

Reps direct CBN to order refund of COT charges by banks

The House of Representatives has mandated the Central Bank of Nigeria (CBN) to order Deposit Money Banks (DMBs) to refund all Commission On Turnover...

AMCON to sell 79.3% ownership in PAN

In its bid to divest its stake from Peugeot Automobile Nigeria Limited, PAN, Asset Management Corporation, AMCON, yesterday called on the investing public to...

States free to explore, exploit mineral resources

Fayemi - State governments are now free to explore and exploit the mineral resources in their domains provided such is done legally without interfering...

114 Lagos roads to cost N17.5bn

The 114 inner roads to be constructed in the 57 councils of Lagos State will cost N17.5bn.The roads, which will be constructed two per...

SEC Commences e-Dividend Campaign

In a bid to further enlighten investors on the recently launched e-Dividend Platform, the Securities and Exchange Commission (SEC) has embarked on a four...

BGL Group To face SEC APC over Fresh N2.9bn Complaints by Investors

The Securities and Exchange Commission (SEC) has invited BGL Securities Limited, BGL Assets Management Limited and their sponsored individuals to appear before the SEC...

BUA Divests from Flour Mills Business in $275m Deal

BUA Group, one of Nigeria's largest foods and infrastructure conglomerates, has announced the divestment of its flour business to Olam International, a leading agri-business...

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NSE Simplifies Investing in the Capital Market with Comic Book

The proliferation of dubious investment schemes that often result in loss of money by unsuspecting members of the public continues...

Asset Recovery: BUDGIT & CISLAC Call For Legislative Framework

BudgIT Foundation and The Civil Society Legislative Advocacy Centre (CISLAC), Transparency International in Nigeria; two leading non-governmental organizations in the advocacy...

CBN Bans Forex For Maize Importers

The Central Bank of Nigeria has directed foreign exchange dealers to stop processing ‘Forms M’ for the importation...