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JenneteUgo Anya
- November 20, 2024
Navigating Investor Relations In Nigeria: A Business Guide
Investor relations (IR) is gaining critical importance in Nigeria’s dynamic business landscape, serving as the bridge between companies and their stakeholders. As businesses strive for transparency and credibility, especially amid economic uncertainty, effective IR practices become crucial for attracting both local and international investors. We hereby explore the unique challenges faced by Nigerian companies, […]
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- November 19, 2024
Protecting Brands From The Misinformation Crisis
Misinformation and disinformation have become significant threats to public trust and brand reputation, as social media and digital platforms accelerate the spread of false and misleading content. As organisations, governments, and brands sail these challenges, the task of maintaining credibility and trust has grown more complex. With global estimates placing the cost of fake […]
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- November 19, 2024
Xiaomi Nigeria Unveils Dual-Brand Strategy
Xiaomi Nigeria has unveiled its dual-brand strategy, introducing two distinct brands—Xiaomi and POCO—that are set to cater to the varied tastes and technological needs of Nigerian consumers. This forward-thinking approach is a significant milestone for Xiaomi, highlighting its dedication to innovation and its long-term investment in the Nigerian market. Under this new strategy, the […]
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- November 19, 2024
Transcorp Plc Completes Successful Share Reconstruction
In a move aimed at enhancing long-term shareholder value, Transnational Corporation (Transcorp) Plc, one of Nigeria’s foremost conglomerates, has recently completed a successful share reconstruction. This strategic initiative aligns with the company’s growth trajectory and its goal of maximising value for its investors. The share reconstruction involved consolidating the company’s total issued shares at a […]
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- November 19, 2024
Three Stocks Record Over N19.8bn Turnover As Financial Sector Leads NGX
Three financial stocks—Access Holdings Plc, United Capital Plc, and United Bank for Africa Plc (UBA)—have led the equities sector of the Nigerian Exchange Limited (NGX) last week, collectively accounting for 72 percent of total market turnover. The sector’s dominance continued, with a total of 1.068 billion shares valued at N19.8 billion traded in 21,001 deals. […]
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- November 18, 2024
Shell Takes Best Overall Exhibitor Award, Staff Wins Excellence Award For Oral Paper At NAPE 2024
Shell has been awarded the Best Overall Exhibitor at the recent 42nd Annual International Conference and Exhibition of the National Association of Petroleum Explorationists (NAPE). Also, at the event which was held in Lagos, Shell staff member, a Geophysicist, Mr. Somime Oguntola, received second place for the Award of Excellence for Oral Paper. Additionally, another […]
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- November 18, 2024
NGX Proposes Stricter Rules To Enhance Transparency In Large-Volume Trades
The Nigerian Exchange Limited (NGX) has proposed new rules to address block divestments and large-volume trades in a bid to enhance transparency and market integrity. In a notice issued to trading licence holders recently, the Chief Executive Officer (CEO) of NGX Regulation Limited, Mr. Olufemi Shobanjo, invited stakeholders to provide feedback on the proposed changes […]
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- November 18, 2024
UBA Plc Launches ₦239.4bn Rights Issue To Drive Growth
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has officially commenced its ₦239.4 billion Rights Issue, offering 6,839,884,274 ordinary shares at ₦35.00 per share. The offer, which was opened on Friday, 15 November, 2024, is based on a ratio of one new ordinary share for every five existing shares held as of November 5, […]
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- November 18, 2024
Wema Bank Announces New Board Appointments
Wema Bank Plc has unveiled significant board changes, naming a new Deputy Managing Director and Executive Director to take effect upon the retirement of Mr. Oluwole Akinleye, the bank’s current Deputy Managing Director, on November 30, 2024. These appointments reflect the bank’s strategic commitment to ensuring continuity and leadership excellence. Following Mr. Akinleye’s retirement, Mr. […]
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- November 18, 2024
MTN Nigeria Secures ₦75bn In Oversubscribed CPI
MTN Nigeria, the country’s leading mobile network operator, has successfully raised ₦75 billion through its commercial paper issuance (CPI) program, highlighting investor confidence despite a turbulent financial year. The funds, raised under Series 11 and 12 of the company’s ₦250 billion commercial paper issuance programme, will bolster daily operations and address immediate financial obligations. Initially […]
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