Month: February 2020
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Company News
UBA Plc Nets N89.08bn 2019 Profit, Offers N0.80 Dividend
Post Views: 559 As Contributions From African Operations Rise Further Despite the seemingly unfriendly operating environment, the board of United…
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Company News
MTN Nigeria Constrains Costs, Nets N202.11bn Profit, Offers N4.97 Dividend
Post Views: 486 The board of telecommunications giant- MTN Nigeria Plc, on Friday, gave shareholders reasons to cheer, with the…
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Company News
Venture Capitalist Offers N5.284bn For 100% Shares Of Law Union Insurance
Post Views: 935 The board of Law Union & Rock Insurance, on Friday, announced an offer by Verod Capital Management,…
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Equities
NGSE Indicators Goes Negative YTD, As February Trading Ends Amidst Liquidity Constraints
Post Views: 628 Market Update for February 27 After weeks of continued bear-run on the Nigerian Stock Exchange (NSE), the…
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Company News
Dangote Restates SupportFor Border Closure, , Says Not To Blame For Earnings Drop
Post Views: 1,052 Alhaji Aliko Dangote, President of the Dangote Group, on Thursday said the Federal Government’s decision in August…
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Economy
Ecobank Nigeria To Appeal Tribunal Judgment Over N1.6bn Tax Liability
Post Views: 507 The management of Ecobank Nigeria Limited, on Thursday, said it will appeal the judgement of the Tax…
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Economy
Senate Seeks Stiffer Penalty For Gas Flaring In New Bill
Post Views: 497 The Nigerian Senate, on Thursday, considered the Gas Flaring (Prohibition and Punishment) Bill, 2020, which proposes stiffer…
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Economy
Excess Crude Account Depletion: No Money Is Missing- Nigerian Governors
Post Views: 4,397 •Say $250m Invested In Sovereign Wealth Fund •Forensic Audit Of DISCOs Ongoing Nigeria’s National Economic Council (NEC),…
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Economy
Senate Moves To Legalize Electronic Transactions, Criminalize Online Fraud
Post Views: 471 The Nigerian Senate, on Thursday, began moves to bring the nation’s laws in line with global best…
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Uncategorized
Finance Act: SEC Parleys CBN, Pencom On Margin Loans, Securities Lending
Post Views: 637 In the aftermath of the ongoing implementation of the Finance Act, 201, the Securities & Exchange Commission…
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