The Nigerian Stock Exchange (NSE) has unveiled Investor Relations (IR) Data Pack, an innovative and dynamic webpage integrated with key market data, corporate news and disclosures, for corporate issuers. NSE Investor Relations Data Pack is designed to reduce burden on…
Nissan To Sack 10,000 Workers
Nissan plans to cut more than 10,000 jobs globally, according to Japanese media reports. The move comes as a part of company’s path of turning around its business and indicates tough road ahead with management upheaval. In May, the company…
FG, States, LGs Share N762.597b In June
The Federation Accounts Allocation Committee (FAAC) has shared a total of N762.597 billion to the three tiers of government for the month of June 2019. The N762.597 billion comprised revenue from Value Added Tax (VAT), Exchange Gain and Gross Statutory…
Gbajabiamila: Nigeria Looks to Marine Resources for Economic Recovery
Nigeria’s rich maritime resources represent a vital economic safeguard and vehicle for the successful implementation of the President Muhammadu Buhari government’s Economic Recovery and Growth Plan (ERGP), which must be sustainably tapped, Speaker of the House of Representatives, Rt. Hon….
Photo News
L-R: Permanent Secretary, Federal Ministry of Environment, Dr Ibukun Odusote; Chairman, Nigerians in Diaspora Commission, Mrs Abike Dabiri-Erewa; Secretary to the Government of the Federation, Mr Boss Mustapha; and Division Head, Retail Banking, Fidelity Bank PLC, Mr Richard Madiebo, at…
Presco Reward Shareholders With N2b Dividend For 2018
By Moses Ebosele, ebosele@hotmail.com — For the year ended December 31, 2018, Shareholders of Presco Plc on Wednesday approved proposal by the Board of Directors to pay N2billion dividend, amounting to 200kobo per share. The company within the year…
Fidelity Bank Photo News
L-R: Governor of Ondo State, Arakunrin Rotimi Akeredolu; Executive Director, Lagos & Southwest, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe; and regional bank head, South West 1, Fidelity bank plc, Adebayo Adeyinka when the Management of Fidelity Bank Plc paid a…
MTN Appoints Ndukwe Chairman Designate As Dozie Retires
By Moses Ebosele, ebosele@hotmail.com — Foremost Telecoms firm, MTN on Wednesday announced the retirement of its board chairman, Pascal Dozie and five other non-executive directors . The company also announced the appointment of former Executive Vice Chairman, Nigerian Communications Commission…
Nasarawa To Partner PAN On Locally Assembled Vehicles, Training
Nasarawa State Governor, Engr. Abdullahi A. Sule has described PAN Nigeria Limited, assemblers of Peugeot brand of vehicles, as “a pride of the Nigerian economy.” He made this remarks when a team of the Management of PAN led by General…
Access Bank Unveils More DiamondXtra Monthly Draw Winners
Ten Nigerians have emerged in the monthly draw of the DiamondXtra savings scheme season eleven initiated by Access Bank. The presentation, which took place in various states across Nigeria saw Samuel Ebu, Stanley Igwe, Olusina Fadare, Amos Tochukwu, Orungbala Anna…
Netcore Explains Data On 2018 Email Reception
Nigerian brands would always have the need to communicate with their customers on a frequent basis. What to communicate is as important as when to communicate and where to communicate. About 15 years ago, during data collection, Nigerians would often…
Photo News
Chairman of Presco Plc, Pierre Vandebeeck (Right) and Managing Director, Mr Felix Nwabuko, during the company’s Pre-Annual General Meeting in Benin, Edo State
DMO Lists FGN’s N100b SUKUK
By Moses Ebosele, ebosele@hotmail.com – – Debt Management Office (DMO) on Tuesday listed on the Nigerian Stock Exchange (NSE), the second ₦100bn, 7-Year, FGN Sukuk due to mature in 2025. The Sukuk was raised at a rental rate of 15.743%,…
NNPC Seals $3.15b Financing For OML 13
The quest by the Nigerian National Petroleum Corporation (NNPC) to increase the nation’s crude oil reserves and daily oil production to 3million barrels per day has received a major boost with the signing of a $3.15bn Financing and Technical Services…