Prominent African business and healthcare sector leader, Dr Awele Elumelu has welcomed her appointment as a Gavi Champion for Immunisation in Africa. According to her”Childhood immunisation is a critical intervention and I am honoured to play a role in this important programme, targeting almost 10 million African children, who are not fully immunised.”She said following […]
The NSE’s Amended Par Value and Pricing Methodology Rules Become Effective This Week
The Nigerian Stock Exchange(NSE ), has aired that the amendments to Pricing Methodology and Par Value Rules, which can be found in Rules 15.29 and 15.30 respectively of the Rulebook of The Exchange, 2015 (Dealing Members’ Rules) (“the Rules”), which have been approved by the Securities and Exchange Commission (SEC) becomes effective this […]
ISAN Leader Raise Alarm Over Capital Market Boom
The National Co-ordinator of Independent Shareholders Association of Nigeria(ISAN),Adeniyi A. Adebisi has raised alarm over the capital market’s sudden boom and is requesting the nation’s economic managers to monitor the economy closely. However, in a separate interview,another Shareholder Alhaja.Sarat Kudaisi said that her expectation was that the economy will be better this year,saying that the […]
Mayflower Old Students Urged to Contribute to National Development,Start SME’s
The President Mayflower Old Students Association(MOSA)7883 Class Set ,Mr Oyemade Olubi has called on all members of the association to contribute to National development by raising needed issues in the overall betterment of Nigeria . Speaking at the 35th Re-union Business Forum of the Association which was graced by many old boys of the […]
George Soros says Top Tech Firms “Monopoly”have Become Global Problems
Business magnate George Soros in London, Britain, June 20, 2016. REUTERS/Luke MacGregor Billionaire hedge fund manager George Soros slammed Facebook (FB) and Google (GOOGL), two companies he’s invested in recently, noting that “the rise and monopolistic behavior” of tech platform companies has become a “global problem.” Speaking at the World Economic Forum in Davos, […]
CRAAAI Chairman Petition Ikeja Electric Plc Over Crazy Bills, Harassment
The Chairman of Consumer Rights Awareness Advancement Advocacy Initiative, CRAAAI, Mr Moses Igbrude has petitioned the Managing Director of Ikeja Electric Plc over harassment and crazy bills arising from estimated bills. The helmsman of the consumer non-governmental organization posited in the petition dated January18,2018 he signed alongside the Secretary that the crazy bill of N88,290.60 […]
Ken Fishers Interview with The Washington Post on Investing
The interview has been edited for length and clarity. Ken Fisher, chief executive o How can investors figure out which headlines matter and which ones should be ignored? Markets are very effective at pre-pricing information that will happen in the next three to 30 months. They are not very interested in things 10 […]
Ronaldo-brand Hotel Chain to Open in Morocco
Portuguese soccer star Cristiano Ronaldo and the country’s top hotel chain, Pestana, will open a new hotel under the Pestana CR7 venture in Marrakesh next year and hope to double the brand in three to five years. Ronaldo is following other sports stars who have invested in hotels, including tennis player Andy Murray and soccer’s […]
Elumelu Reveals Red Cross $1M(N360M) Support for TEF.
The Chairman, United Bank for Africa (UBA) Plc, Mr. Tony Elumelu, has stressed the need for global organisations and multinational institutions to support the much-needed growth in the African continent; adding that Red Cross has extended a $1million support for the Tony Elumelu Foundation(TEF). Elumelu, who was speaking on the side-lines of the 2018 World […]
33 Companies, 435 Directors pass CGRS,As Onyema Praise Development
The Steering Board of the Corporate Governance Rating System (CGRS) is pleased to announce that 25 companies have successfully passed its rating test, having scored the required pass mark of 70% whilst 87 others are at various stages of completion of the process. The Nigerian Stock Exchange Chief Executive Officer(CEO)Mr. Oscar N. Onyema, noted […]
Former USCFTC Chairman Criticize Profiteering By Banks
The former Chairman of the US Commodities Futures Trading Commission ( CFTC), Mr. James Stone, has criticized the lopsided nature of world economy in which the financial sector controls huge part of the profits in the system to the detriment of the solid sector.He posited that for the banking sector which should be the […]
NSE CEO Says Nigerian Economy Has Better Prospects in 2018
The Chief Executive Officer of the Nigerian Stock Exchange(NSE),Oscar Onyema has said that the nations economy has better prospects for 2018.The NSE topman aired this during his “2017 Market Recap and 2018 Outlook” Tuesday. Speaking at the annual forum for the NSE CEO to brief the stockbroking community, analysts, media and other stakeholders, on the performance […]
UBA Introduces Leo, Chat Banking Personality on Social Media Platforms
Pan-African financial institution, United Bank for Africa (UBA), has changed the face of e-banking with the introduction of Leo, the UBA Chat Banker who enables customers make use of their social media accounts to carry out key banking transactions. At the official launch of Leo, UBA’s Chat Banker, which took place in Lagos recently, […]
NSE Promotes Ms. Tinuade Executive Director, Regulation
The Nigerian Stock Exchange (NSE) has announced the promotion of Ms Tinuade Awe to Executive Director, Regulation of the exchange with effect from 1 January, 2018. Her appointment has received regulatory approval. According to the statement as Executive Director, Regulation in the NSE’s revised organizational structure, Ms Awe has oversight functions for the following teams: […]