Tuesday, January 19, 2021

Monthly Archives: September, 2020

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Friesland WAMCO acquires Nutricima Diary

FrieslandCampina WAMCO Nigeria PLC as acquired Nutricima’s dairy business and has taken possession of the company’s production facility in Ikorodu, Lagos State. With the acquisition,...

Access Bank receives CBN’s nod for conversion to HoldCo

Access Bank Plc has secured the approval from the Central Bank of Nigeria (CBN) to restructure its operating structure from a commercial banking group...

Nigerian equity market gains 0.39% to extend uptrend

Price appreciation in WEMA BANK, AIICO, AFRIPRUD, BUACEMENT, and 12 other stock spurred the Nigerian equity market to eight successive trading sessions gain on...

Buhari seeks approval of N148.14b for 5 states

President Muhammadu Buhari has sought the National Assembly’s approval of the reimbursement of N148.14 billion through the issuance of promissory notes to five state...

Rice production increased by 1.2 million metric tones – FG reveals

The Federal Government has revealed that its interventions in the rice value chain led to an increase in rice production in Nigeria by 1.2...

You have our support – NBC assures TStv

The National Broadcasting Commission (NBC) has promised to support TStv Africa as it prepares to begin operations on October 1. The digital satellite TV service...

Sterling Bank receives approval for conversion to HoldCo

Sterling Bank Plc has been granted approval by the Central Bank of Nigeria (CBN) to convert from a stand-alone commercial bank to a Holding...

NSE lists United Capital’s N10b bond on exchange

The Nigerian Stock Exchange (NSE) has listed the N10 billion bond issued by United Capital Plc on the exchange. The listing paves the way for...

Nigeria’s forex reserves shed $47.3m, now $35.77 billion

Nigeria’s foreign exchange (forex) reserves dropped by $47.33 million to close weekend at $35.77 billion. This was as Crude oil price declined by 4.4...

Julius Berger delves into agro-processing

The board of Julius Berger Nigeria Plc has approved a diversification into Agro-processing as part of efforts to deliver on the company’s long term...

Must Read

EFCC arraigns ‘Mama Boko Haram’ on fresh N41.7m fraud charges

The travails of Aisha Alkali Wakili alias Mama Boko Haram are yet over as the Economic and Financial Crimes Commission (EFCC) Maiduguri Zonal Office,...
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Zenith Bank board meets to discuss results, final dividend

The Board of Directors of Zenith Bank Plc will meet on Thursday 28, 2021, to discuss the audited financial statements (AFS) for the year...

Pension industry fund assets rise to N12.29tr

The pension industry fund assets rose to N12.29 trillion by November 30, 2020. This represented a 1.94 per cent increase when compared with N12.053...

Nigerian stocks buck global downtrend with N552b gain

Nigerian equities played the contrarian amid global stock market decline as sustained bargain-hunting ahead of the earnings season roused Nigerian shares to a net...