SEC to go ahead with forensic audit of Oando

Nigeria’s Securities and Exchange Commission (SEC) plans to go ahead with a forensic audit of oil company Oando Plc, it said in a statement...

Elumelu wins Eisenhower Entrepreneurship Award

The Group Chairman, United Bank for Africa Plc (UBA) and Founder, Tony Elumelu Foundation has won the  prestigious Dwight D. Eisenhower award becoming the first African...
Access bank

Access Bank launches new five-year strategy

Access Bank on Monday announced its new five-year strategy with an ambitious plan to become Africa’s Gateway to the World. This is the latest in...

Equities Market appreciates 41.2% in 11 months

The equities market segment of the Nigerian Stock Exchange (NSE) appreciated by 41.2 per cent in 11 months despite the volatility from some blue chip companies...

Med-view begins Dubai flights Dec. 7

Med-view Airline will on Dec. 7 begin scheduled flight operations to Dubai, United Arab Emirates, from Lagos via Abuja, its Chief Executive Officer, Alhaji Muneer...

Stock market unfazed by Gwarzo suspension, rises 0.62%

Market indices of the Nigerian Stock Exchange (NSE) rose by 0.62 per cent in spite Federal Government suspension of the Director-General of the Securities...

Lafarge strengthens balance sheet, market share with N131.65bn rights issue

Lafarge Africa Plc on Thursday said that the ongoing rights issue of N131.65 billion when concluded would strengthen the company’s balance sheet for enhanced...
Seven-Up

Nigeria’s Seven-Up Bottling Co gets $60 mln takeover offer from majority shareholder

Seven-Up bottling Co. has received an offer from its majority shareholder Affelka to buy out minorities in a 19.33 billion naira ($60.41 million) takeover...

UBA wins African Bank of the Year award

United Bank for Africa (UBA) Plc again proven its leadership on the continent, winning the Banker Magazine’s “African Bank of the Year 2017” award.  This...
Nestle

Nestle fined $96,500 over substandard Maggi noodles

Authorities in northern India have fined Swiss food giant Nestle $96,500 after food inspectors found contamination in samples of its popular Maggi noodles, two...