Category: Business

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UBA Plc Nets N72.26bn 2016 Profit, Offers 55 Kobo Final Dividend

• African Subsidiaries Contribute 31.7% To Earnings, 33% To Profit Directors of the United Bank for Africa Plc, on Friday evening presented the gro...

Forex Dealers Scoop 81.3% Of $100m CBN Offer

Just as it promised some weeks ago to meet all genuine foreign exchange demands made on behalf of bank customers, the Central Bank of Nigeria (CBN) on...
NSE Flat on Mixed Sentiments, Good Technicals

NSE Flat on Mixed Sentiments, Good Technicals

Market Update for March 23 (By AMBROSE OMORDION) Trading activities on the floor of the Nigerian Stock Exchange on Thursday was mixed to halt the tw...

CBN Intervenes With Further $100m, As Naira Appreciates To N385/$

The Central Bank of Nigeria (CBN) continued with its task of ensuring exchange rate stability on Thursday, with a further $100m intervention to enable...
Photo: Commissioning of Transcorp Power’s 115mw Gas Turbine Recently

Photo: Commissioning of Transcorp Power’s 115mw Gas Turbine Recently

Left to right: Minister of Power, Works & Housing, Babatunde Fashola; Governor of Delta State, Dr Ifeanyi Okowa; Chairman, Transcorp Power Limited and...
Unilever Nigeria Nets N3.07bn, Offers 10 Kobo Dividend

Unilever Nigeria Nets N3.07bn, Offers 10 Kobo Dividend

Directors of food, body care and household consumer products maker, Unilever Nigeria Plc, on Thursday presented its audited result for the year ended ...

Multiple Regulators: FBNH Seeks To Delay Results Till April 30

The board of FBN Holding s Plc, on Thursday said it has sought and obtained approval of the Nigerian Stock Exchange (NSE) for grace to present its aud...
Forex Portfolio Investment On NSE Rises To 46.17% In Feb

Forex Portfolio Investment On NSE Rises To 46.17% In Feb

The Nigerian Stock Exchange (NSE), on Thursday released the Foreign Portfolio Investment (FPI) flows for the month of February, showing that domestic ...
NEWREST ASL Board Meets, Assures Of Dividend, AGM Holds May 24

NEWREST ASL Board Meets, Assures Of Dividend, AGM Holds May 24

The board of NewRest ASL Plc (formerly Airlines Services & Logistics) has fixed the company’s annual general meeting for May 24, wherein shareholders ...
Elumelu Foundation Selects 1,000 Applicants For Africa’s 2017 Entrepreneurship Programme

Elumelu Foundation Selects 1,000 Applicants For Africa’s 2017 Entrepreneurship Programme

Photo Caption: Founder, Tony Elumelu Foundation (TEF), Tony Elumelu (middle), flanked to the left by Owen Omogiafo, Chief Operating Officer TEF; Parmi...
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