Elumelu’s N500M Delta State Pledge ups his Planned investment on Nigerian entrepreneurs to N4.4 billion

Tony Elumelu Foundation (TEF) Founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu, has pledged N500 million to create an entrepreneurship programme exclusive to indigenes of Delta State. He made the commitment after presenting 50 beneficiaries of the TEF Entrepreneurship Programme to Governor Ifeanyi Okowa. “Your Excellency, on behalf of the Heirs […]

Registration opens for 2018 ASEA Annual Conference-NSE

The Nigerian Stock Exchange ( NSE) has announced that registration is now open for the 22nd Annual African Securities Exchange Association (ASEA) Conference to be held on November 26 and 27, 2018 at Oriental Hotel, Lagos, Nigeria. According to a release by the NSE “Attendees can register via the dedicated conference website, at www.asea-ngx2018.com. A […]

BOC Gases May Give Bonus Next Year-Chairman

The Chairman of BOC Gases,Abiodun Alabi has said that the company will look into the possibility of giving the shareholders a bonus next year,saying that issues with its book of accounts made it impracticable to give a bonus in the year in review . Alabi who disclosed this during the company’s annual general meeting(AGM)which held […]

Newrest ASL Shareholders Excited By 18k Dividend

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 […]

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 […]

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 […]

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, […]