Author: Kingsley Ighomwenghian

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AfDB Applauds Canada’s US$1.1bn Callable Capital Support Pledge

AfDB Applauds Canada’s US$1.1bn Callable Capital Support Pledge

African Development Bank, on Friday, expressed appreciation $1.1bn commitment in temporary callable capital by the Canadian Government to support its ...
CBN Injects 464.8m, CNY35.8m Into Retail SMIS In One Week

CBN Injects 464.8m, CNY35.8m Into Retail SMIS In One Week

The Central Bank of Nigeria (CBN), on Thursday, April 18, 2019, intervened in the retail Secondary Market Intervention Sales (SMIS) to the tune of $25...
AMCON Appoints Receiver For Micmerah Int’l Over N1bn Debt

AMCON Appoints Receiver For Micmerah Int’l Over N1bn Debt

The Asset Management Corporation of Nigeria (AMCON), on Thursday, announced the appointment of Chief Tagbo Anieto as receiver/manager over the assets ...
Ecobank Says 5-year $450m Debut Eurobond Over-subscribed

Ecobank Says 5-year $450m Debut Eurobond Over-subscribed

Ecobank International Incorporated, on Thursday, told the Nigerian Stock Exchange (NSE) that its maiden five-year $450m Eurobond was oversubscribed. ...
ICPC To Appeal Judgment Acquitting Suspended SEC Nigeria DG

ICPC To Appeal Judgment Acquitting Suspended SEC Nigeria DG

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says its “Notice of Appeal will be filed very soon,” challenging the ru...
Shareholders Approve N80.94bn GTBank Payout, Lament Unclaimed Dividend Size

Shareholders Approve N80.94bn GTBank Payout, Lament Unclaimed Dividend Size

By a unanimous vote, shareholders of Guaranty Trust Bank Plc, on Thursday in Lagos approved the directors’ recommendation N2.45 final dividend per sha...
Expect Mixed Outing On NGSE, Amidst Speculations Ahead More Q1 Numbers

Expect Mixed Outing On NGSE, Amidst Speculations Ahead More Q1 Numbers

Market Update for April 17 Nigeria's equity market at the midweek had yet another interesting but volatile session, consolidating its positive outing...
AIICO Insurance Offers N0.06 Dividend, As 2018 Profit Soars By 136%

AIICO Insurance Offers N0.06 Dividend, As 2018 Profit Soars By 136%

The board of AIICO Insurance Plc, on Wednesday presented its audited financials for the year ended December 31, 2018, offering a dividend of six kobo,...
60% Impairment Charge Drop Lifts GTBank Q1 Profit To N49.3bn

60% Impairment Charge Drop Lifts GTBank Q1 Profit To N49.3bn

It was a very busy day on the Nigerian Stock Exchange (NSE) on Wednesday, as Guaranty Trust Bank became the third major company to present its unaudit...
Jiji Buys OLX Arms In Ghana, Kenya, Uganda, Tanzanian, Redirects Nigerian Users

Jiji Buys OLX Arms In Ghana, Kenya, Uganda, Tanzanian, Redirects Nigerian Users

Online market platforms- Jiji and OLX, on Wednesday, April 17, 2019, announced an agreement under which Jiji will acquire OLX businesses in Ghana, Ken...
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