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JenneteUgo Anya
- October 29, 2024
How To Manage Public Perception During A Crisis
Crisis management is crucial for any brand, especially in a fast-paced and highly competitive market like Nigeria. When a crisis hits, the way a brand handles public perception can either make or break its reputation. Key strategies Nigerian brands can use to navigate crises while protecting and even enhancing their public image: 1. Acknowledge the […]
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- October 28, 2024
Haldane McCall To Debut On NGX With 3.122bn Shares
Haldane McCall Plc, a prominent real estate and hospitality company, is set to list 3.122 billion ordinary shares at N3.84 per share on the main board of the Nigerian Exchange (NGX) Limited, having received the regulatory go-ahead. With a projected market valuation of nearly N12 billion (precisely N11.989 billion), the listing introduces Haldane McCall to […]
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- October 28, 2024
FBN Holdings Launches N150bn Rights Issue To Strengthen First Bank’s Growth Strategy
FBN Holdings Plc. (FBNH) has officially launched a N150 billion Rights Issue, offering 5,982,548,799 ordinary shares of 50 kobo each at N25.00 per share. This offer, available to existing shareholders on the basis of one new share for every share held as of October 18, 2024, aims to recapitalise FBNH’s flagship subsidiary, First Bank of […]
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- October 28, 2024
Nigerian Breweries Achieves 74.9% Revenue Growth In Q3 2024
Nigerian Breweries Plc has reported an impressive 74.9 percent year-on-year revenue growth for the third quarter ended September 30, 2024. The recent unaudited results, released to the Nigerian Exchange Group (NGX), reveal that the company’s revenue surged to N703 billion, a significant increase from N402 billion recorded in the same period in 2023. This growth […]
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- October 23, 2024
Africa Capital Alliance Sells Off ₦19.8bn Aradel Holdings Shares
Africa Capital Alliance (ACA) has offloaded ₦19.8 billion worth of shares in Aradel Holdings, reducing its stake in the company from 16.49 percent to 15.92 percent. The private equity fund’s CAPE IV, which holds the largest shareholding in Aradel, executed the sale over three days – October 14, 15, and 16 – disposing of approximately […]
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- October 23, 2024
FG Endorses ExxonMobil-Seplat Divestment, Disapproves Shell-Renaissance Deal
The federal government has approved the divestment of ExxonMobil’s Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy, while rejecting Shell’s proposed sale of assets to Renaissance Africa Energy. These decisions were revealed during the recent launch of the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) ‘Project 1 million barrels of oil per day (MMBPD)’ initiative. Mr. […]
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- October 22, 2024
UBA’s Net Interest Income Soars 149%, PBT Rises To N603bn In Q3 2024
United Bank for Africa (UBA) Plc, recognized as Africa’s Global Bank, has reported a surged in net interest income by 149 percent, climbing from N443 billion in third quarter (Q3) 2023 to N1.103 trillion in Q3 2024. This was according to the bank’s recent unaudited financial results for the third quarter ending September 30, 2024, […]
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- October 22, 2024
United Capital Reports 88.7% Increase In Net Profit
United Capital Plc, a prominent financial and investment services company, has reported a remarkable 88.7 percent increase in net profit for the nine months ending September 2024, according to its recent earnings report. This impressive performance highlights the company’s resilience in a challenging business environment characterized by rising inflation, volatile currency exchange rates, and a […]
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- October 22, 2024
FBN Holdings Appoints Adebowale Oyedeji As GMD, Seeks Name Change To First Holdco
FBN Holdings Plc has announced the appointment of Mr. Adebowale Oyedeji as its Group Managing Director (GMD), effective November 13, 2024. The announcement was made in a corporate disclosure notice filed with the Nigerian Exchange Group recently by the company’s Secretary, Mr. Adewale Arogundade. This appointment comes as part of a strategic transition for the […]
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- October 21, 2024
TAJBank Declares 10% Dividend After 960% Growth In Funds
TAJBank Limited, Nigeria’s leading and fastest-growing non-interest bank, has declared a 10 percent dividend cash out for the half-year ending June 2024. This was recently announced after receiving approval from the Central Bank of Nigeria (CBN), marking its second dividend payout in just four years of operation. As Nigeria’s most innovative non-interest lender, TAJBank continues […]
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