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JenneteUgo Anya
- September 24, 2024
SMEDAN To Host 2024 National MSME Conference In Abuja
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has officially announced the 2024 edition of the National micro, small and medium enterprises (MSMEs) Conference, themed: ‘GROW NIGERIAN: Sustaining an Innovation and Digital-Driven Economy.’ The highly anticipated event, which is set to take place from October 3rd to 5th, 2024, at the Banquet Hall […]
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- September 24, 2024
Filmhouse Shareholders In Court Over ₦4.9bn Planned Sale
A legal battle has erupted among shareholders of Filmhouse Holdings Limited, as Cerrerera Investment Services files a lawsuit against the proposed sale of a 58.1 percent stake in the company to Trivos Film and Media Limited for ₦4.9 billion. The dispute, now before the Federal High Court in Abuja, centres on allegations that Cape Media […]
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- September 24, 2024
SEC To Boost NGX Listings With Government-owned Enterprises
The Securities and Exchange Commission (SEC) has announced plans to encourage government agencies and state-owned enterprises to list on the Nigerian Exchange Limited (NGX). Director-General (DG) of SEC, Mr. Emomotimi Agama, disclosed this initiative in a recent interview in Abuja, highlighting its potential to foster economic inclusivity and wealth creation for Nigerian citizens. “Listing on […]
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- September 24, 2024
FMDQ Approves TrustBanc Holdings’ ₦20bn NICP Programme
TrustBanc Holdings Limited has achieved a significant milestone in Nigeria’s financial services industry, securing approval from FMDQ Securities Exchange for its pioneering ₦20 billion Non-interest Commercial Paper (NICP) Programme. This innovative programme, structured under the Sharia-compliant Al-Wakalah Bi Al-Istithmar (Investment Agency Structure), marks a breakthrough in non-interest financial solutions in the country. The NICP […]
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- September 24, 2024
Implementing Best Practices In IR
ABC Corp, a technology company, having prepared for its initial public offering (IPO), decided to implement a world class investor relations (IR) strategy. Below is how it leveraged best practices to ensure a successful capital raising event. Understanding Its New IR ‘Customers’ In order to build a secure shareholder base, ABC Corp prioritised identifying its […]
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- September 23, 2024
Access Holdings Proposes 45 Kobo Per Share Interim Dividend, H1 PBT Surges By 108%
Access Holdings Plc, Nigeria’s largest bank by assets, has proposed an interim dividend of 45 kobo per share for its shareholders, following its outstanding financial performance in the first half of 2024. This announcement comes as the group’s profit before tax (PBT) grew by 108 percent year-on-year, reaching N348.9 billion for the period ending June […]
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- September 23, 2024
Guinness Nigeria To Divest 58.02% Equity Stake At N81.60
Guinness Nigeria Plc has received approval from the Nigerian Exchange Limited (NGX) to proceed with a significant block divestment of 1.27 billion ordinary shares, representing 58.02 percent of its issued shares. The shares will be sold at a premium price of N81.60 each, valuing the transaction at approximately N103 billion. As of September 17, Guinness […]
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- September 23, 2024
MTN Group Earns Top Honours In 2024 Reporting, IRs Awards
MTN Group has recently garnered significant recognition in two prestigious awards for its commitment to engaging with capital markets stakeholders. The company’s integrated annual report received an ‘Excellent’ designation at the 2024 EY Excellence in Integrated Reporting Awards, positioning MTN among the top 24 companies listed on the Johannesburg Stock Exchange (JSE). This award evaluates […]
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- September 20, 2024
CBN Designates Lady Chuwudozie As Chair Of Keystone Bank
The Central Bank of Nigeria (CBN) has appointed Lady Ada Chukwudozie as the Chairperson of Keystone bank’s newly reconstituted Board. The recent announcement also includes the appointment of seven other new board members. Lady Chukwudozie, a well-regarded figure in Nigeria’s corporate sector with nearly 30 years of experience, will lead the board. Her career spans […]
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- September 20, 2024
Nigerian Breweries Is Set To Raise N599bn Through Rights Issue As Heineken Freezes Loan Interest
Nigerian Breweries PLC has secured crucial support from its parent company, Heineken, which has agreed to suspend interest payments on loans to the Nigerian subsidiary. This development was announced by Managing Director, Mr. Hans Essaadi, at the Nigerian Exchange (NGX) ‘Facts Behind the Rights Issue’ event. The suspension of loan interest is part of Nigerian […]
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