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Wednesday, December 1, 2021

Oando Plc Gets Shareholders Attention …As Share Price Grew By 10%

After months of stagnation in its share price on the floor of Nigerian Stock Exchange (NSE), Oando Plc, got a look from shareholders, as...

United Capital Records N7.9 Billion Profit For 2020 Full Year … Shareholders To...

United Capital Plc, has recorded positive results for the year ended December 30, 2020. The company recorded revenue of N12.874 billion in 2020, showing...

LASACO Assurance Now On Indefinite Suspension 

The Nigerian Stock Exchange (NSE) has extended its full suspension on trading on LASACO Assurance Plc indefinitely after the company failed to complete its...

Nigeria needs more FDIs to funds capital projects – Chukwu

The Managing Director, Cowry Asset Management Limited, Mr. Johnson Chukwu, has said that Nigeria needs appropriate policies that will attract Foreign Direct Investment (FDI)...

CAP & Portland Paint Merger Deal To Be Completed in First Quarter Of 2021

The merger deal between Chemical and Allied Products (CAP) Plc and Portland Paints & Products Nigeria Plc remains on track and is expected to...

ETI Set To Raise $300m from International Debt Market

Ecobank Transnational Incorporated (ETI) has disclosed plan to raise $300 million senior notes from the international debt capital market. The group revealed this in a...

SEC Releases New Rules/Amendments On Collective Investment Schemes

The Securities and Exchange Commission (SEC) has released general rules for Collective Investment Schemes (CIS) prescribing that all units/securities of a collective investment scheme...

Sterling Bank Introduces Improved Agricultural Commodity Trading Platform In Nigeria

Leading commercial bank, Sterling Bank PLC has declared open for public use SABEX, its newly enhanced agriculture commodities platform in Nigeria. SABEX, first introduced in...

NSE Emerges Africa’s Best Performing Stock Exchange in January

Another bottom left top right finish as the ASI ended the week, and month of January in green territory. The index kept a clean...

SEPLAT Appoints Okechukwu Mba As Managing Director For ANOH  …. others

Seplat Petroleum Development Company Plc has appointed Mr Okechukwu Mba as the new Managing Director of ANOH Gas Processing Company (AGPC) Limited, the Incorporated...

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Mrs Morohunke Adenike Bammeke Joins Fidelity Bank Board

Fidelity Bank Plc has announced the appointment of Mrs. Morohunke Adenike Bammeke as an Independent Non-Executive Director of the Bank with effect from November 18, 2021. The...

NGX  Holds Inaugural Capital Markets Conference …as Vice-President, Others laud digitization efforts

Nigerian Exchange Limited (NGX) has, at the maiden edition of the capital markets conference, called for increased collaboration among key players in the nation’s...

Seplat plans to buy ExxonMobil’s Nigerian shallow water business

Seplat Energy Plc has confirmed that it is in ‘’competitive discussions’’ with a partner to acquire ExxonMobil’s Nigerian shallow water business. The firm disclosed...