Prudential Plc Acquires Full Ownership Of Prudential Zenith Life Insurance
Prudential Plc has announced its acquisition of the remaining 49 percent shares in Prudential Zenith Life Insurance Limited (PZL). This marks a significant milestone in Prudential’s strategy to expand its African operations, building on its initial 51 percent stake in Zenith Life Insurance Limited, acquired in 2017. The recent acquisition, which will be settled in […]
Read MoreSEC, NGX Approve Flour Mills’ Buyout Of Minority Shareholders
The Securities and Exchange Commission (SEC) and the Nigerian Exchange Limited (NGX) have given Flour Mills of Nigeria Plc (FMN) the go-ahead to proceed with the buyout of its minority shareholders. In a recent statement, FMN revealed that its majority shareholder had initiated the process to acquire all remaining minority shares. The company emphasised that […]
Read MoreCreating An Effective PR Environment Leveraging Organisational Structure
In the bustling corporate landscape, the architecture of an organisation significantly influences its public relations (PR) efficacy. Imagine a thriving tech startup, InnovaTech, which aims to revolutionise the tech industry with cutting-edge solutions. InnovaTech’s success story illustrates how an optimal organisational structure can amplify PR effectiveness. Valuing PR Contributions: The Bedrock of Success At InnovaTech, […]
Read MoreAccess Holdings Grows Revenue To ₦2.2trn In H1 2024
Access Holdings Plc, a leading global financial institution, has reported financial growth in its half-year audited results for the period ending June 30, 2024. The results reflect the company’s resilience, focus on sustainable performance, and commitment to creating long-term value for shareholders. The company’s total revenue surged by 133.5 percent year-on-year, rising from ₦940 billion […]
Read MoreWhy MSMEs Should Target Highest Valuation When Sourcing For Capital
In Nigeria just as in many other countries, Micro, Small and Medium Enterprises (MSMEs) face unique challenges when struggling and competing for capital for growth and expansion. In this case, achieving the highest possible valuation can offer substantial benefits, providing a competitive edge and ensuring long-term sustainability. Below is an in-depth analysis of why MSMEs […]
Read MoreCSCS Assigns Adesola, Muhammed-Oyebode As Directors
The Central Securities Clearing Systems (CSCS) PLC has strengthened its Board of Directors with the appointment of two accomplished female leaders, Mrs. Bola Adesola and Dr. Aisha Muhammed-Oyebode. The announcement, made on September 25, 2024, underscores the company’s commitment to enhancing its leadership with seasoned professionals who bring significant experience across financial services, corporate governance, […]
Read MoreIBPLC Vows Investors Of Growth After Successful Rights Issue
After the largest equity offering in the Nigerian capital market, International Breweries Plc (IBPLC) has reaffirmed its commitment to sustainable growth, signalling confidence among its investors and stakeholders. The company’s recent rights issue facilitated the repayment of its substantial forex-denominated loan, marking a key moment for its financial health and positioning for future expansion. His […]
Read MoreThe Role Of Technical Communication In Strategic Management
In the dynamic world of modern business, organisational success hinges on effective management and strategic public relations (PR). Let us use GreenLeaf Organics, a growing company specialising in organic food products, to illustrate how an organisation can achieve success through a well-structured PR strategy. At GreenLeaf Organics, the PR team has evolved from being mere […]
Read MoreNNPC, NLNG, BoA Among 14 SOEs Prepping For NGX Listing
In a major move toward deepening Nigeria’s financial markets, 14 state-owned enterprises (SOEs) have been shortlisted to list their shares on the Nigerian Exchange (NGX), signalling a transformative step for the country’s economic landscape. Among these key national assets are the Nigerian National Petroleum Corporation (NNPC), Nigerian Liquefied Natural Gas Corporation (NLNG), and the Bank […]
Read MoreNASD Targets Dividend Payout, Eyes Growth With New Products
The National Association of Securities Dealers (NASD) PLC has announced plans in taking significant steps to address shareholders’ concerns about financial performance and service offerings. Speaking at the 11th Annual General Meeting (AGM) of the NASD PLC in Lagos, Chairman of NASD, Mr. Kayode Falowo, highlighted the Exchange’s focus on delivering sustainable profitability and ensuring […]
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