Chams HoldCo targets N7.65 bn in hybrid offer to drive expansion
First Bank named Nigeria’s strongest brand in 2026 by Brand Finance
UBA records 21% growth in profit to N70.3bn
Group life: Private sector earnings sustain insurers as public sector fails
Volatility trails equity market as crude oil price declines
Forte Oil plans to delist from NSE, reverses takeover offer
Afreximbank, MUFG Bank sign MoU for broad collaboration
$9.6BN AWARD: The same fool and his money (2)
Regulatory fines will put banks on their toes – Adebayo
N5m exceeds my 5 years’ salary — Winner, BLB
How Yar’Adua, Jonathan and Buhari got Nigeria into deep trouble
Loans account for 80% of LAPO’s balance sheet — Ehigiamusoe
Shareholders speak on SEC’s effort to streamline share transmission process
H1’19: Fidelity Bank declares double digit growth in earnings, profitability
South African divestment, rights issue boost Lafarge Africa by N239bn
Forex: Turnover in I&E rises by 63% to $7bn in August
AFC secures $150m facility from Japanese investors
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SubscribeCBN to intensify liquidity mop up as N553.8bn hits interbank market
THE Central Bank of Nigeria, CBN, will this week intensify its liquidity mop up activities in response to inflow of N553.8 billion into the interbank money market.
$9bn Damages: The Same Fool and His Money
THE corporate name “Process and Industrial Developments Limited” (P&ID) was until lately, probably, only known to very few Nigerians in Public Service, and the oil and gas subsector.
Border closure impeding bona fide manufacturers’ business — MAN
THE Manufacturers Association of Nigeria, MAN, weekend, said the border closure has rendered its bona fide members incapable of leveraging on the inherent economies of scale.
Recapitalisation’ll enhance corporate governance in MfBs — MD Advans MfB
Obinna Ukachukwu is the Managing Director, Advans La Fayette, Microfinance Bank, MfB, which recently opened its first branch in Lagos. In this interview, he spoke on the necessity for recapitalisation in the MfB sub-sector and why it took Advans La Fayette MfB, seven years before it opened its first Lagos branch. He also shares his thoughts on the role of the NIRSAL MfB sponsored by the Bankers Committee.
Will the last investor on the NSE please put out the lights?
WHEN in 2016 the forecast of a continuous decline in stock prices was made, a friend asked me when it will end and a recovery gets underway.
Capital market can provide funds to bridge N3 trn infrastructure gap — United Capital MD
Managing Director, MD, Investment Banking at United Capital Plc, Babatunde Obaniyi in this interview speaks on fund raising from Nigerian capital market to finance infrastructure deficits , mergers and acquisitions to meet capital requirements of corporate entities, apathy for equities, need for diversification to fixed income, instruments, power sector challenges, among other issues. Excerpts:
Regulatory fines will put banks on their toes – Adebayo
William Adebayo is the Coordinator of Greenwich Shareholders Association. In this interview, he spoke on some stock market issues as well as penalties on banks imposed by the Central Bank of Nigeria (CBN), saying that the fines will keep the bankers alive to their responsibilities.
Shareholders speak on SEC’s effort to streamline share transmission process
Over time, investors in the Nigerian capital market have been complaining about the cumbersome process of taking ownership of the investments of their deceased family members.
United Capital unveils ‘InvestNow’ app
AS part of its plans to broaden its retail reach while enhancing capabilities to handle a more diverse clientele, United Capital has released its Investnow app on iOS. InvestNow is a simplified investment application developed to boost accessibility of investment options while enabling one to make returns on their investments.
Flour Mills PAT up by 17% to N4.2 bn
FLOUR Mills Nigeria Plc has recorded Group’s Profit After Tax, PAT, of N4.2 billion in its unaudited first quarter results, Q1’19, a 17 percent increase from N3.6 billion in Q1’18.
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