The position of renowned Economist, Professor Olu Ajakaiye, Executive Chairman of African Centre for Shared Capacity Development Building and former Director General of the Nigerian Institute for Social and Economic Research (NISER) that the recently crafted Economic Recovery and Growth plan of the federal government is a better than vision 20,2020 raised some dust […]
UBA Honours Security Staff Who Found and Returned $10,000(over N3M)…….
At UBA’s 2017 CEO Awards ceremony held in Lagos this past weekend: Governor of Bauchi State, His Excellency, Mohammed Abdullahi Abubakar ; Deputy Senate President, Sen. Ike Ekweremadu; GMD/CEO, UBA Plc, Mr. Kennedy Uzoka; UBA CEO awardee, Mr. Ibrahim Ogbonago; Group Chairman, UBA Plc, Mr. Tony Elumelu; Governor of Adamawa State, His Excellency Bindow Jibrilla […]
NSE RESTRUCTURES REITS And Closed End Funds
The Nigerian Stock Exchange (NSE) has notified the market about its proposed changes to the framework regarding the trading of Real Estate Investment Trusts (REITs); and Closed End Funds listed on the Exchange. According to NSE the proposed changes, which will be implemented over the next three quarters of 2017 are aimed at […]
Dangote Promises To Share wealth with Nigerians
Aliko Dangote,Africa’s richest man has promised to Share his wealth with Nigerians ,as more of his companies would be listed on the floor of the Nigerian Stock Exchange(NSE),saying that his holdings would with a decade be a 100 times of its current position. He indicate that the future is positive and that Nigerians […]
GTBank is Number One Bank and Not Zenith -GTB CEO…..Zenith Bank is The Leader-Sir Nwosu
The controversy over which bank is the leader in Nigeria cropped up at the annual general meeting of Guaranty Trust Bank at the weekend held in Oriental Hotels, Lagos with the former National Co-ordinator of Independent Shareholders Association of Nigeria(ISAN),Sir Sunny Nwosu asking the board and management of the bank to buckle up […]
UBA Pays Shareholders N27.2bn in Dividends
The shareholders of the pan-African financial institution, the United Bank for Africa (UBA) Plc applauded the Board, Management and Staff at the 55th Annual General Meeting of the Bank, held in Lagos on Friday April, 7, 2017. UBA shareholders approved the payment of N19.9 billion as final dividend for the financial year ended 31st December 2016, […]
Access Bank’s DMD Bows Out
The Deputy Managing Director of Access Bank Plc, Mr. Obinna David Nwosu has concluded plans to bow out of the bank with effect from April 30, 2017. According to a statement from Access Bank’s company secretary, Mr. Sunday Ekwochi sent to the Nigerian Stock Exchange( NSE), Wednesday Nwosu resigned from the bank to […]
SEC Holds First CMC May 9,2017
The Nigerian Securities and Exchange Commission(SEC)has announced that the first Capital Market Committee (CMC) meeting for 2017 has been scheduled to hold at the Federal Palace Hotel, Victoria Island, Lagos on Tuesday, May9, 2017 at 10.00 am Prompt According to a release by SEC the CMC interactive session with the media will […]
Zenith Bank Will Post Good Result This Year–Amamgbo
Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Mr. Peter Amangbo, has promised that despite the tight economic situation in the country that his bank will achieve a good financial result in the current year. The CEO who made this commitment while answering questions from shareholders during its recent Annual General Meeting in Lagos […]
Our High Priests
Daily Grace Capsule In Jewish law, only the High Priest wore a seamless tunic. Jesus’s tunic was seamless and this is in furtherance of the truth that He is indeed our great High Priest. Prophecy: – “They divide my garments among them, and for my clothing they cast lots.” Psalm 22:18 Fulfillment: – “Then the soldiers, […]
Brazil Top FIFA Ranking After Six Years
Brazil surged to the top of the FIFA world rankings for the first time in seven years on Thursday, made all the sweeter as it usurped great rivals Argentina. It caps a terrific week for forward Neymar and Brazil — last week they became the first country to qualify for the 2018 World Cup […]
NSE Celebrate Global Money Week With Students,Teachers
The Nigerian Stock Exchange(NSE)over the weekend celebrated the global money week with students and teachers from various schools in Lagos. Some bank officials from Access Bank Plc and First Bank Plc and other participating organisations were on hand to teach the students some basic issues on finance and investment. Speaking at the event NSE […]
“Transcorp will light up Nigeria”–Chairman Elumelu
At the 11th Annual General Meeting of Transnational Corporation of Nigeria Plc(“Transcorp”), the Board of Directors confirmed their confidence in Transcorp’s growth trajectory and affirmed the Company’s commitment to increasing yield and returns to shareholders, while continuing its significant capital investment strategy. Despite the difficult economic climate, revenue grew by 46% in 2017(N59.42bn). Transcorp is Nigeria’s leading listed conglomerate, active in the power, resource, hospitality and agro-industry sectors. The […]