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WEB5 days ago · CBN Picks Ada Chukwudozie to Head Keystone Bank Board for Growth. By Aduragbemi Omiyale A new board has been appointed for Keystone Bank Limited by the Central Bank of Nigeria (CBN)... Read more. by Aduragbemi Omiyale. 18/09/2024.
Ecobank Retains ‘Best Retail Bank in Nigeria’ Award
WEBOct 6, 2021 · By Aduragbemi Omiyale. For the second straight year, Ecobank Nigeria has won the Best Retail Bank in Nigeria award, beating other notable financial institutions in the country to reclaim the prize. The award was issued by the Asian Banker at the Middle East and Africa Regional 2021 awards ceremony held recently in Johannesburg, South Africa.
Eco Travels Buys Transcorp Hotels’ Calabar Subsidiary
WEBApr 22, 2024 · Transcorp Hotels Plc has sold its 100 per cent stake in its Calabar subsidiary, Transcorp Hotels Calabar, to Eco Travels and Tours Limited. The hospitality firm confirmed the divestment last week in a notice to the investing public through the Nigerian Exchange (NGX) Limited, where it trades its securities. Transcorp Hotels explained that …
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WEBMay 29, 2024 · By Adedapo Adesanya Nigeria is changing its national anthem as President Bola Tinubu assented to the National Anthem Bill 2024, ...
Panic Withdrawal: CBN Says Old, New Naira Notes Remain Legal …
WEBNov 9, 2023 · By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has urged residents of the country not to withdraw their funds in Deposit Money Banks (DMBs) in a panic over fears that the old currency notes may be rejected next year. In October 2022, the central bank under the former Governor, Mr Godwin Emefiele, introduced a
Indomie Buys Dangote Noodles Factories for N3.8b
WEBNov 15, 2017 · By Dipo Olowookere. Leading noodles maker in Nigeria, De United Foods Industries Limited (Dufil), makers of the popular Indomie Noodles, has finally acquired plants of Dangote Noodles Limited, a subsidiary of Dangote Flour Mills Plc. The deal is said to worth N3.75 billion $12.26 million and it gives …
Nigerian Exchange Rallies by 0.49% as Appetite for Stocks Soars
WEBAug 28, 2024 · This showed that all the key sectors of the market closed higher yesterday and it consequently raised the All-Share Index (ASI) by 472.85 points to 96,510.13 points from the 96,037.28 points it closed a day earlier and the market capitalisation increased by N272 billion to finish at N55.438 trillion compared with the preceding day’s N55.166 trillion.
Subscription for 9 billion Shares of GTCO at N44.50 Per Unit Opens
WEBJul 15, 2024 · It is selling through a public offer about 9 billion ordinary shares of 50 Kobo each at N44.50 per share from today, Monday, July 15, 2024, to Monday, August 12, 2024. According to details of the exercise, GTCO emphasised that the minimum subscription for the public offer is 100 shares and multiples of 10 offer shares thereafter.
Wema Bank Axes Seven Fintech Partners After N685m Loss to Fraud
WEBApr 18, 2024 · The bank, according to its financial statement, reported N685 million in fraud and forgery losses in 2023. To tackle the development, Wema Bank said that through its anti-fraud campaign, it had successfully investigated, identified, and disengaged three fintech firms for fraud and suspended four others from its platform in its ongoing efforts ...
Beer War: International Breweries’ Trophy Takes Lead at Retail …
WEBJan 22, 2020 · For companies like International Breweries, the makers of Trophy, Budweiser, Castle Lite, Eagle Lager, Hero to mention a few, Trophy has found more appeal in the retail world. As for Nigerian Breweries, which has Gulder, Star, Heineken, Goldberg, Star Lite, 33, Legend among others in its catalogue, it banks on varieties that drinkers get to ...