In a bid to fulfill its promises, Shoprite Nigeria says its  celebrating the 22 winners of its brand new Hyundai Grand Xcent cars at a celebration party in Lagos.

FCMB Group Plc  has  completed the acquisition of an additional  60 percent equity stake in  Legacy Pension Managers Limited  (Legacy).  The acquisition, which increases the holding company’s interest  in  the company from 28.2 percent to 88.2 percent,  was  concluded  at  the Completion Board Meeting of Legacy  on yesterday in Abuja.

The Central Bank of Nigeria (CBN) yesterday said that the nation’s external reserves have  risen to $34.9 billion, the highest in 30 months, driven by increased investor confidence in the Nigerian economy.

Afrinvest Asset Management Limited, a subsidiary of Afrinvest (West Africa) Limited, has launched the Afrinvest Plutus Fund, a simple and affordable saving solution designed for all classes of income earners with a minimum subscription of N5,000.

THE   Acting Managing Director of Bank of Industry, BoI Waheed Olagunju, yesterday against moves by the Senate   to disband it following plans   to establish National Development Bank of Nigeria (NDBN). If the Bill for an Act to establish the National Development Bank of Nigeria,(Establishment etc.) Bill, 2016 scales through, passed into law and assented to by the President, the BoI will no longer exist as the new bank would have taken over the hitherto functions of BoI.