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JenneteUgo Anya
- November 29, 2024
FCMB Group To Seek Board Approval For N340bn Capital Raise
FCMB Group Plc has announced plans to seek approval from its board to raise ₦340 billion at its upcoming Annual General Meeting (AGM), slated for December 19, 2024. This new capital raise far surpasses the previously approved ₦150 billion and aligns with the Central Bank of Nigeria’s (CBN) recent directive on recapitalisation. The announcement, signed […]
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- November 29, 2024
UBA Group To Begin Full Banking Operations In France
United Bank for Africa (UBA) Group is set to commence full banking operations in France following a landmark business cooperation agreement signed by its Chairman, Mr. Tony Elumelu, during President Bola Ahmed Tinubu’s state visit to France. The agreement, endorsed in the presence of French President Emmanuel Macron and President Tinubu, was finalised with the […]
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- November 29, 2024
PrimeTech Boost Education With CSR Initiatives At FCT School
PrimeTech Design and Engineering Nigeria Limited, a subsidiary of Julius Berger Nigeria Plc, has reinforced its commitment to corporate social responsibility (CSR) by donating educational materials, mosquito nets, and renovating classrooms at LEA Primary School, Karmo, Sabo 11, Angauwa Hausawa, in the Federal Capital Territory (FCT), Abuja. The donations and renovations were met with gratitude […]
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- November 29, 2024
Zenith Bank Opens A New Branch In Paris
Zenith Bank Plc has officially opened a new branch in Paris, France, marking a major milestone in its global expansion strategy. The branch, located at 21 Rue de la Paix, was inaugurated on Wednesday, November 27, 2024, in a ceremony led by Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. […]
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- November 28, 2024
NAICOM Approves Name Change For Capital Express Assurance
The National Insurance Commission (NAICOM) has approved the rebranding of Capital Express Assurance Limited to Capital Express Life Assurance Limited. This development was announced by the company’s Managing Director/Chief Executive Officer, Mr. Mathew Ogwezhi, during its recent 23rd Annual General Meeting held at its head office in Lagos. According to Mr. Ogwezhi, the name change […]
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- November 28, 2024
SEC Warns Against Cryptocurrency Fraud
The Securities and Exchange Commission (SEC) has issued a strong warning to investors and the general public, advising them to steer clear of Marino FX Ltd, a company falsely claiming to be a licensed cryptocurrency exchange. In a recent statement published on its official website, the SEC clarified that Marino FX Ltd is neither registered […]
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- November 28, 2024
Access Bank Finalises Acquisition Of Standard Chartered Bank’s Subsidiaries
Access Bank Plc has announced the successful completion of its acquisition of Standard Chartered Bank’s subsidiaries in Angola and Sierra Leone. This was disclosed in a statement released recently and signed by the company Secretary, Sunday Ekwochi. This development follows agreements signed in July 2023 between Access Bank and Standard Chartered Bank for the acquisition […]
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- November 28, 2024
Fidelity Bank CEO Acquires ₦239m Worth Of Shares
The Managing Director (MD)\ Chief Executive Officer (CEO) of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, has expanded her stake in the bank with the acquisition of 15 million shares in a transaction worth ₦239.4 million. The purchases were carried out over two days, November 21 and 22, 2024, at an average price of ₦15.96 per […]
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- November 27, 2024
Kwararafa Africa Moves To Acquire Minority Shares In Notore
Notore Chemical Industries Plc has announced a significant development in its ownership structure with an offer from Kwararafa Africa Limited to acquire shares held by the company’s minority shareholders. The notification, issued on November 26, 2024, was signed by the company’s Secretary, Mr. Matthias Ogwuche, and published on the Nigerian Exchange Limited (NGX) disclosure platform. […]
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- November 27, 2024
Japaul Gold Signs N26bn Sand Mining Contract For Gracefield
Japaul Gold and Ventures Plc has taken a significant step in its operations with the announcement of a N26 billion sand mining contract with Gravitas Investment Limited. The agreement covers the mining of 3.5 million cubic meters of sand to reclaim 200 hectares of swamps and lagoons at Gracefield Island, a high-end development situated at […]
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