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Tuesday, December 5, 2023

Shareholders approve Oando, OER buy-out offer

Shareholders of Oando Energy Resources (OER) Inc- the Toronto Stock Exchange (TSX)-listed exploration and production subsidiary of Oando Plc, have approved the proposal by...

N3.4bn tax impairs Daar Comms profit margin

The settlement of the huge tax commitment of N3.4 billion to the Nigerian Government has impaired the profit margin of Daar Communications Plc, Nigeria...

NAHCO targets more growth in the next 3 years

The Chairman of Nigerian Aviation Handling Company (NAHCO), Alhaji Suleiman Yahyah, has said the company is targeting 7 to 10 percent growth in the...

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...

No more forbearance for Stock Brokage firms: AMCON Boss

The Managing Director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, said there will not be any forbearance for stock broking firms...

SEC e-Dividend Campaign gets Royal endorsement

The Oba of Lagos, Oba Rilwan Akiolu has commended the Securities and Exchange Commission (SEC) on the on-going e-Dividend registration even as he urged...

GTBank launches $500m Eurobond

Guaranty Trust Bank Plc has launched a tender offer to repay a $500 million Eurobond, a move to deploy its available dollar liquidity ahead...

SEC Takes e-Dividend Campaign To Lagos

The Securities & Exchange Commission (SEC) is set to commence another round of sensitization campaign on e-Dividend Registration which is currently on-going in the...

Stockbrokers, others seek N200bn market intervention fund

The Chartered Institute of Stockbrokers, the Association of Stockbroking Houses of Nigeria and the Association of Issuing Houses of Nigeria want the Central Bank...

Nasdaq to Support NSE with Smarts Market Surveillance Technology

The Nigerian Stock Exchange (NSE) said it will acquire Nasdaq Smarts Market Surveilance platform to power their compliance program. According to a statement from...

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Maida Promises Support for Meta on Undersea Cable Initiative

Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has said the support of the Commission...

The Address Homes delivers another project, Ikoyi Crescent on Record time

In line with its tradition of providing regal and lavishly built luxury housing brands in its bid to bridge the gap in the housing...

Polaris Bank Enrols On PAPSS System

Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled in the Pan-African Payment and Settlement System (PAPSS). The cross-border financial infrastructure empowers the Bank’s existing...