Nigerian Breweries, UPDC List N10 Billion Worth of Commercial Papers on FMDQ...
As market participants continue to align their activities in the wake of the policy reforms shaping the Nigerian financial market landscape, FMDQ OTC Securities Exchange (FMDQ) is pleased to...
View ArticleAccess Bank offer investors N0.40k final dividend
Africa’ s lender, Access Bank Plc on Wednesday offered it investors final dividend of N0.40 kobo per share amounted to N11.571 billion in addition to the interim dividend of 25 kobo, which was paid...
View ArticleNSE lists N2.068bn FGN Savings Bond for retail investors
* Says series 2 opens on April 3, 2017 The Nigerian Stock Exchange (“NSE” or Exchange) today exclusively listed the Series 1 of the Federal Government of Nigeria (FGN) Savings Bond, maturing...
View ArticleHeritage Bank enhances capacity of ex-BB Naija Housemates, entrepreneurs
R-L: Fela Ibidapo, Group Head, Corporate Communications, Heritage Bank Plc; Osepiribo Ben-Willie, Divisional Head, Private Wealth Management of the bank, Offiong Edet Anthony (Thin Tall Tony), Big...
View ArticleFBN Capital begins 2017 as the ‘Best Asset Manager’ in the Euromoney Private...
…Also announced Best Structured Finance House in Africa and Best Investment Bank. FBN Capital Limited, a subsidiary of FBN Holdings Plc has started off 2017 on a winning note with awards and...
View ArticleLagos pays N582.195million Pension Rights
R-L: Director- General – LASPEC, Mrs. Folashade Onanuga presenting one of the retirees her Bond Certificate at the 37th Retirement Benefit Bond Certificate Presentation Ceremony held at the Office...
View ArticleStanbic IBTC Holdings Q4 2016 Results Review- Upgrading from Underperform to...
Earnings upgrade to meet management’s guidance Stanbic IBTC’s Q4 2016 profit before provisions was 4% ahead of our estimate. We have increased our 2017-18E forecasts for this line by 4% on average...
View ArticleFinance Ministry Name Tony Okpanachi As MD/ CEO of DBN
The Federal Ministry of Finance on Thursday, announced details of members of the board and management of the newly licensed Development Bank of Nigeria (DBN). The Management team is led by Mr. Tony...
View ArticleAIICO Insurance grow PAT by 756% in 2016
Edwin Igbiti, MD/CEO AIICO Insurance Plc AIICO Insurance Plc, a financial services company with interest in insurance, pension, health and asset management has recorded N10.24 billion profit after tax...
View ArticleUNILEVER Proposes 10 Kobo per Share Dividend in 2016 End
In view of the Easter public holidays, please find below updated notice of corporate actions byUnilever Nigeria Plc. as follows: 1. The Board approved the recommendation of the sum of N378,330,000.00...
View ArticleUber and Old Mutual help drivers to earn, learn and save
In celebration of Global Money Week, Uber (www.Uber.com) and Old Mutual (www.OldMutual.co.za) have announced that they will be extending its free money management course that took place in South Africa...
View ArticleCLARIFIES ACTIONS TAKEN ON ALLEGED FRAUD IN YOUWIN PROGRAMME
The attention of the management of the Federal Ministry of Finance has been drawn to a story in The Punch newspaper of Tuesday, March 28, 2017 entitled, “Probe Uncovers Massive Fraud in YouWin...
View ArticleUnion Bank of Nigeria Plc Q4 2016 Results: Key Highlights
UBN released its Q4 2016 results earlier today. Please find key highlights of the Q4 2016 results below: · Net interest income of N17.0bn, down -0.9% q/q; up +8.2% y/y · Profit before...
View ArticleMTN partners Uber to offer free ride to subcribers
Kofi Agyare, Country Director for Uber Ghana’s leading telecommunications service provider, MTN, has announced a partnership agreement with Uber Ghana to offer free rides for MTN customers. Through...
View ArticleNCRIB Hail PenCom, NAICOM Annuity Directive, Urges FG To Promote Local...
R-L: President and Chairman of Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Kayode Okunoren, Executive Secretary of the Council, Fatai Adegbenro and Assistant Secretary of the Council,...
View ArticleAfrica Re reassures its commitment to Nigeria and Africa market *As gross...
Africa’s top reinsurer, Africa Re on Friday reaffairmed its commitment to Nigeria and Africa insurance Industry. In the past 41 years, the African Reinsurance Corporation has been carrying on the...
View ArticleInspen retirement mata debuts on Naija FM
Inspen Media has launched a pidgin programme on radio, which is aimed at deepening pension awareness. A statement by its Chief Executive Officer, Chuks Udo Okonta, said the programme tagged:...
View ArticleThere is Adequate FOREX for PTA, BTA, Tuition & Medical Fees, Says CBN
Information reaching the Central Bank of Nigeria (CBN) reveals that some customers seeking to buy forex for BTA, PTA, medical and school fees are being frustrated by some banks with the false claim...
View ArticleCBN Reports Manufacturing PMI Stands at 47.7% in March 2017 from 44.6% in...
Click here to download PDF Copy of Report Data and Method of Presentation The Manufacturing and Non-Manufacturing PMI Report on businesses is derived from the data compiled from purchasing and supply...
View ArticleAdesina invites New Development Bank to join AfDB’s ambitious Light up and...
The African Development Bank Group (AfDB) President, Akinwumi Adesina has invited the New Development Bank (NDB) to support Light up and power Africa, the first of five top priorities of the Bank’s...
View Article