Newrest ASL Shareholders expressed their excitement over the 18k dividend recommended by the board of the bank which they approved,saying that the payment was a good one given the situation of the economy back in 2017. Speaking at the annual general meeting which held at Radisson Blu Hotel,Ikeja,Lagos a shareholder,Jideuno Uche said the company has […]
Transcorp Appoints Owen Omogiafo as Executive Director
Transnational Corporation of Nigeria Plc (Transcorp), one of Nigeria’s leading conglomerates, has appointed Mrs. Owen Omogiafo as an Executive Director with effect from July 1, 2018. She will in her new role support in driving and delivering on Transcorp’s strategic ambitions as the conglomerate continues to fulfil its special mission of lighting homes, schools, and […]
BOC Gases will Hit N5Bn Revenue 2020-MD
The Managing Director of BOC Gases Plc,Mr Ayodeji Oseni has promised that his company will unfailingly hit N5billion revenue by year 2020 and has asked the brokerage firms on the Nigerian Stock Exchange(NSE) to adequately advise their clients as to the goodies BOC Gases is bringing to the table. Oseni who made the above revelation […]
Dangote Says Sales Volume is Better This Year,As Shareholders Approve N10.50k Dividend for 2017
The Chairman of Dangote Cement,Aliko Dangote has disclosed that the moderation of its sales volume in 2017 was as a result of the recession that did harvoc on the Nigerian economy,saying that the volume has since bounced back in the on-going year. This disclosure which he made at the company’s annual general meeting(AGM) which held […]
Nigeria is not Managed Well Enough-Evangelist (DR)Omojola
Nigeria under President Muhammadu Buhari is not being managed well enough to meet our expectations,so says former Leader of Independent Shareholders Association of Nigeria Lagos zone,Evang.(DR) Anthony O. Omojola. Omojola who was speaking in an interview with The Guideline in Lagos said the economy is in tartars because the political will is not there to […]
As Western Lenders Retreat, African Banks see Opportunities
ADE AYEYEMI’S office in Lomé, the capital of Togo, is a good place to think about crossing borders. Ghana is ten minutes’ drive away. From his window the boss of Ecobank can watch trucks rumble along the seafront, some bound for Burkina Faso, a day’s journey, or Mali, perhaps another day on. At night, cargo […]
Stanbic IBTC Shareholders Commend the Group,Ask for more Dividend Next Year
It was commendation galour at Stanbic IBTC Plc annual general meeting(AGM)held at Eko Hotel,V.I. Lagos as shareholders of the company one after the other hailed the 2017 performance of its board and management,even as they asked for more dividend in the coming year. Speaking at the AGM a shareholder ,Mrs Bisi Bakare,President Pragmatic Shareholders of […]
God wants us to soar and stop flapping our wings
During the series Soar like the Eagle – We discussed why God wants us to soar and stop flapping our wings or wasting God’s grace by trying to do everything in our own power. I would like to elaborate on this further in this blog. Many years ago now our church was small and we […]
The Nigeria Stockbrokers Agribusiness Group Says There’s Money in Agric
The Nigeria Stockbrokers Agribusiness Group marked the 2018 World Agriculture day, with a symposium on the theme “Tapping into investment opportunities in Agribusiness Value Chain” at the Nigeria stock exchange, Lagos. It brought together stakeholders in the agric, financial and capital market space in the country. In his opening remarks the Vice-Chairman of the Nigerian […]
Prestige Assurance MD Promises to Pay Dividend 2019
The Managing Director of Prestige Assurance Plc,Balla Swamy has promised the shareholders a good dividend next year,saying that it settled for a bonus in the current year in order to clean its books. He also promised that the company is set to meet a top line of N4.6billion by the end of this year and […]
NSIA’s Profit Drops by N107bn,As Pencom Begins Verification of Retirees
The Nigeria Sovereign Investment Authority, which is the agency managing the Sovereign Wealth Fund, has ruled out the possibility of paying dividend to the three tiers of government from its 2017 profit despite the fact that the fund has been profitable in the last five years. Even as the National Pension Commission(Pencom) has said it […]
Transcorp Appoints Chris Ezeafulukwe as Executive Director
Transnational Corporation of Nigeria Plc (Transcorp), one of Nigeria’s leading conglomerate,has appointed Mr. Christopher Ezeafulukwe as an Executive Director with effect from July 1, 2018. Mr. Ezeafulukwe, currently the Group General Counsel and Head, Business Development, will in his new role, focus and drive the development of new commercial interests as well as the optimisation […]
PSAN President Ask SEC to Make E-dividend Registration Open ended
The President of Pragmatic Shareholders Association Nigeria(PSAN),Mrs Bisi Bakari has appealed to Security and Exchange Commission(SEC) to make the e-dividend registration policy an open ended policy to allow more Nigerian shareholders key into it and reap the dividend of their investment. Mrs Bakare said this would be in the overall interest of investors in the […]
NSE Records 13,712% Increase in Profit
The Nigerian Stock Exchange (NSE)has declared a profit after tax of N3.8bn in 2017 as against N27.5Mn posted in 2016 representing a 13,712 per cent increase;inspite of being a non profit making organisation. This all came out during its 57th Annual General Meeting on Thursday, June 7, 2018 at the NSE Event Centre in Lagos, […]
How Floyd Mayweather Made A Record $275 Million For One Night Of Work
Kurt Badenhausen , FORBES STAFF I cover sports business with rare dips into b-schools, local economies Forbes’ 2017 look at the world’s highest-paid athletes featured three of the biggest sports stars on the planet at the top in Cristiano Ronaldo, LeBron James and Lionel Messi. The trio banked a combined $259 million for long seasons […]
THE KEY OF DAVID (2)by Pastor E. A. Adeboye
Tonight Father, we your children are in one accord, this time around destroy Ebola completely. Not only in Nigeria but all over the world, this demon called Ebola, destroy it in Jesus name, silence it once and for all in Jesus name. Father you are the One who destroys smallpox, You are still on your […]