Zenith Bank, United Bank for Africa (UBA), AccessCorp, and Total Plc topped the lists of stocks to watch when the market opens after the Eid-El-Kabir on Wednesday. This followed their …
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Fidelity Bank begins N127bn capital raise June 20
Fidelity Bank Plc will launch its N127.1bn capital raise via a public offer and rights issue on June 20, 2024. The lender stated that it had signed the necessary …
Read More »SEC directs capital market operators to implement ERM framework
The Securities and Exchange Commission has mandated all capital market operators to implement an enterprise risk management framework that aligns with internationally recognised standards. This was disclosed in a …
Read More »Train 7 gas project at 67% completion, says NLNG
Nigeria LNG Limited says the Train 7 gas project on Bonny Island, Rivers State, has reached 67 per cent completion. This was as the NLNG reaffirmed its commitment to …
Read More »LASG pays deceased civil servants’ families N335m
The Lagos State Governor, Babajide Sanwo-Olu, has approved the disbursement of N353m insurance benefits to 128 beneficiaries of deceased staff. They include beneficiaries of deceased staff of local governments …
Read More »Nigeria, other African countries’ mounting debt profile forces AfDB to inaugurate ADMIN
By: Babajide Okeowo The mounting debt profile of Nigeria and other African countries has forced the African Development Bank (AfDB) to launch the African Debt Managers Initiative Network (ADMIN) to …
Read More »REAL ESTATE BUSINESS OPPORTUNITIES: Lagos Island Vs Lagos Mainland
Lagos, the economic powerhouse of Nigeria, is divided into two distinct regions: Lagos Island and Lagos Mainland. Each region offers unique qualities, economic opportunities, amenities, and investment prospects, shaping the …
Read More »Nigeria’s inflation rises to 33.95%
Nigeria’s headline inflation rate has increased to 33.95 percent in May. The National Bureau of Statistics (NBS) disclosed in its latest Consumer Price Index (CPI) released on Saturday in Abuja. …
Read More »NUPRC engages 31 fund managers for Host Community Trust Funds
The Nigerian Upstream Petroleum Regulatory Commission said it had profiled 31 competent fund managers to invest 20% out of the 3% annual funds accruing to Host Communities Development Trust …
Read More »‘Event planning sector controls $2bn annually’
The W Initiative of Access Bank Plc has revealed that the event planning sector controls over $2 billion annually. W Initiative is an arm of Access Bank Plc that …
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