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JenneteUgo Anya
- October 18, 2024
NIPR Inaugurates National Reputation Group To Propel Nigeria’s Global Image
The Nigerian Institute of Public Relations (NIPR), in collaboration with its partners, has launched the Nigeria Reputation Management Group (NRMG). This move aimed at promoting the country’s positive image and reshaping global perceptions of Nigeria. This recent initiative was unveiled in Abuja, with key government figures urging Nigerians to actively contribute to improving the nation’s […]
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- October 18, 2024
Shell Faces Regulatory Snag As FG Blocks $1.3bn Oil Asset Sale
In a significant development that could reshape investment dynamics in Nigeria’s oil and gas sector, the federal government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has rejected Shell’s proposed $1.3 billion sale of its onshore oilfields to the Renaissance Group. While this decision might seem like a routine regulatory intervention, it carries profound implications […]
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- October 17, 2024
BoI Disburses N75bn To Boost Small-Scale Industrial Growth In Nigeria
The Bank of Industry (BoI) has disbursed N75 billion to support vulnerable members of the Nigerian Association of Small-Scale Industrialists (NASSI), in a bid to stimulate growth and productivity among small-scale enterprises. The fund disbursement was formalised through a Memorandum of Understanding (MoU) signed recently at BoI’s head office in Abuja. This development comes on […]
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- October 17, 2024
SEC To Relax Crowdfunding Rules, To Ease Access To Capital For MSMEs
The Securities and Exchange Commission (SEC) has revealed plans to ease regulations on crowdfunding to improve small businesses’ ability to access much-needed capital. This recent move, aimed at fostering greater financial inclusion for startups and smaller firms, comes as Nigeria grapples with a challenging economic environment marked by high interest rates. Director- General (DG) of […]
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- October 16, 2024
SEC, NGX Empower Retail Investors Through Financial Education Initiatives
In an era where retail investors are playing an increasingly crucial role in shaping the Nigerian economy, the Securities and Exchange Commission (SEC) and the Nigerian Exchange Group (NGX) have reinforced their commitment to financial education. This collaboration seeks to bridge the knowledge gap for retail investors, empowering them to confidently sail across Nigeria’s evolving […]
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- October 16, 2024
How Nigerian Brands Are Leading The Charge In ESG Initiatives
Environmental, Social and Governance (ESG) initiatives have become a significant focus for businesses worldwide. Companies are increasingly expected to not only generate profits but also contribute positively to the environment and society while upholding strong governance principles. In Nigeria, brands are beginning to recognise the value of ESG as more stakeholders—consumers, investors, and regulators—demand greater […]
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- October 15, 2024
Transcorp Power Plc Announces A Robust Q3 2024 Performance With 153% Revenue Growth, 198% Profit Surge
Transcorp Power Plc, a leading subsidiary of Transcorp Group, has announced exceptional financial results for the third quarter ending September 30, 2024, reflecting remarkable growth across key metrics. The company’s unaudited financials filed with the Nigerian Exchange (NGX) highlight a significant increase in both revenue and profitability, demonstrating strong operational efficiency and strategic focus. For […]
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- October 15, 2024
The Role Of Public Relations In Promoting Sustainable Business Practices In Nigeria
Sustainability has become a key concern for businesses worldwide. As the global market continues to evolve, companies are increasingly adopting sustainable business practices that not only benefit the environment but also lead to long-term growth and profitability. In Nigeria, where industries are booming and environmental challenges persist, sustainability is no longer a buzzword but a […]
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- October 14, 2024
NGX Suspends Trading Of Transcorp Shares For Capital Overhaul
The Nigerian Exchange Limited (NGX) has announced the temporary suspension of trading in the shares of Transnational Corporation Plc (Transcorp) as the company embarks on a share capital restructuring process. This move is intended to facilitate the consolidation of Transcorp’s shareholding structure and will ensure a smooth reconciliation of records between the company’s registrars and […]
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- October 14, 2024
NGX Reinstates Trading Of Lasaco Assurance Shares Following 2023 Financial Statements Filing
The Nigerian Exchange Limited (NGX) has lifted the suspension on the trading of Lasaco Assurance Plc shares following the company’s successful submission of its Audited Financial Statements (AFS) for the year ended 31 December 2023. Lasaco also filed all other outstanding financial statements, bringing it into full compliance with NGX’s regulatory requirements. The suspension, which […]
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