flour mills

Shareholders kick as flour mill fails to declare dividends

Ted Odogwu The Chairman of the Northern Nigeria Flour Mills, Alhaji Aminu Alhassan Dantata, has expressed regret over the recession in the country, which led...
Arik

Nigeria’s bad bank not talking to Ethiopian Airlines over Arik

A receiver appointed to rescue Arik Air, Nigeria’s largest airline, is holding talks with creditors and is not negotiating a sale to Ethiopian Airlines,...

Oando holds shareholder meeting after SEC green light

Oando Plc held its annual shareholder meeting on Monday after regulators gave it the green light despite an ongoing dispute over its ownership structure,...
Afreximbank

Afreximbank offers $300 million to private investors in equity

The African Export-Import Bank (Afreximbank) is offering up to $300 million in depositary receipts to private investors to boost capital for lending to industries...

Stock market upbeat 0.03% on post-sallah trading

Weekly equity transactions on the Nigerian Stock Exchange (NSE) on Tuesday resumed after the Eid-El-Kabir public holidays on the upbeat note, as the All-Share...

NSE market moves 266.505m shares worth N4.04b

A total of 266.505 million shares valued at N4.04 billion were traded in 2,263 deals on the Nigerian Stock Exchange (NSE) on Thursday. These were against...
Fidelity Bank

Fidelity Bank PBT rose by 66% to N10bn in H1

Fidelity Bank recorded a very strong financial performance in the first half of 2017, posting impressive growth in profitability, gross earnings and other indices...
Allianz

Allianz buys Nigerian insurer in African push

Germany’s Allianz said on Wednesday it is buying control of Nigerian insurer Ensure Insurance Plc in a push for growth in Africa, where many...
MainOne

MainOne canvasses Internet traffic exchange within Africa

MainOne has reiterated the importance of Internet traffic domiciliation as a key requirement for growing the internet ecosystem in Africa. Speaking at the just concluded...

Stanbic IBTC Holdings reports 113% jump in profit, declares N0.60 interim dividend

Stanbic IBTC Holdings Plc has announced 113 per cent jump in profit, rising to N24 billion in first half of 2017, up from N11.3...
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