NSE To Review Market Indices
The Nigerian Stock Exchange (NSE or “The Exchange”) is pleased to announce the expected review of the NSE 30, and the six sectoral indices of the Exchange, which are NSE Consumer Goods, NSE Banking,...
View ArticleCBN To Licence Private Asset Management Companies
The Central Bank of Nigeria (CBN) has said it would licence Private Asset Management Companies (PAMC), according to an exposure draft for the licencing and regulation of PAMCs in Nigeria, signed by...
View ArticleGreat Nigeria Insurance Record Profits Growth Of 510.9% In 2015 *As Retained...
Mrs. Cecilia Osipitan, MD/CEO In the face of evident challenging operating terrain in Nigeria, Great Nigeria Insurance Plc on Thursday told its investors that it recorded an impressive...
View ArticleLafargeHolcim receives concrete responsible sourcing certificates from...
LafargeHolcim’s operations in Canada obtained the Concrete Sustainability Council (CSC) certificates for Responsibly Sourced Concrete for a ready mix concrete plant in Burlington, Ontario and a ready...
View ArticleDHL Express lauds employees as cornerstone of success
Paul Clegg, Vice President, Human Resources, DHL Express Sub Saharan Africa In a network business like DHL Express (www.dpDHL.com), it is imperative that a culture of motivation is inculcated...
View ArticleADSEMA Commends Red Star for relief materials to IDPs
From L-R: Divisional Managing Director, Red Star Freight, Tonye Preghafi; Director, Red Star Express Plc, Alhaji Aminu Dangana and Marketing and Corporate Affairs Manager, Red Star Express Plc, Olufemi...
View Article1.2b: Banks Seek Probe Of Etisalat’s Management
The 13 banks involved in Etisalat Nigeria’s $1.2 billion loan are seeking the Federal Government’s intervention to investigate the firm’s management. The banks plan to seek an Economic and Financial...
View ArticleBayode Samuel, NICON Insurance Boss is dead
The Managing Director, NICON Insurance Limited , Bayode Samuel is dead. According to our source he died early this morning in an Abuja Hospital. The source said he presented a paper at an event...
View ArticlePhoto News: LCCI Collaborate With Anchor Insurance on Loss of Employment...
L-R: Mr. Mayowa Adeduro, MD/CEO Anchor Insurance presenting a gift to Dr. Mrs. Nike Akande, CON, President LCCI during a courtesy visit to the President of Lagos Chamber of Commerce an Industry at...
View ArticleEtisalat vs Banks: CBN, NCC Intervene to Save Jobs, Asset Stripping
Following the deepening crisis between Etisalat and a consortium of 13 Nigerian Banks over a syndicated loan of about US$1.2 billion granted the telecom company by the banks, the Central Bank of...
View ArticleBanks’ Exposure to Etisalat Nigeria: Restructuring or Equity Conversion?
Etisalat Nigeria (ETISALAT) on Monday, released a statement on the planned restructuring of its shareholding to accommodate an equity conversion as regards its failure to meets financial obligations to...
View Article“Nigeria is the Pre-eminent power in Africa today because of size”
The great challenge and the wonderful opportunity for this generation of the Nigerian elite is to build a new nation out of the rubble of cynicism, division and suspicions, according to Acting...
View ArticleForex: CBN Boosts Supply with $240m to Retail SMIS
In the last trading day of the week and ahead of June 26 and 27, 2017 holiday declared by the Federal Government to commemorate the Eid-el-Fitr, the Central Bank of Nigeria (CBN) on Friday, June 23,...
View ArticleSA Bankers excited with LBS training, hint on partnership with Nigerian...
SOUTH African Investment Bankers have lauded the Lagos Business School for hosting the International Executive Development Programme (IEDP) for the Banking Sector and Training Authority (BANKSETA),...
View ArticleResolution Insurance realises expansion plans with SSP Pure Insurance
Resolution Insurance has chosen global insurance technology specialist SSP (www.SSP-Worldwide.com) to provide a new, robust, flexible IT system to underpin its expansion plans. Following private...
View ArticleMultiple subscriptions to public offers
Investors in the Nigerian Capital Market with multiple subscriptions for the same public offer may forfeit their investment. The Securities and Exchange Commission at its last Capital Market...
View ArticleBRF: RESOLUTELY FOCUSSED AT 54
Mr Babatunde Raji Fashola BY HAKEEM BELLO: May 2017 was appraisal time of the mid term of the administration of President Muhammadu Buhari in office. Expectedly, much attention was on the...
View ArticleEthiopian Airlines places order for 10 A350-900 Aircraft
Ethiopian Airlines, the largest airline group in Africa, has placed an order for 10 additional Airbus A350-900 aircraft, enabling further development to its fast expanding long-haul route...
View ArticleFood security: Heritage Bank restates commitment to deepen Agro-business fun
Heritage Bank Plc has reiterated its commitment to further deepen the drive to support agribusiness value chain in order to fast track food security and sufficiency in the country. The MD/CEO of the...
View ArticleAkinwumi Adesina wins 2017 World Food Prize
“Throughhis roles over the past two decades with the Rockefeller Foundation, at the Alliance for a Green Revolution in Africa (AGRA), and as Minister of Agriculture of Nigeria, Dr. Adesina has been...
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