CBN Approves Merger Between Unity Bank, Providus Bank
The Central Bank of Nigeria (CBN) has officially approved the merger between Unity Bank Plc and Providus Bank Limited. This landmark decision marks the first merger under the new CBN mandate for banks to bolster their capital bases, aiming to fortify the stability of Nigeria’s financial system. The merger is now pending approval from the […]
Read MoreBoosting MSMEs: From Access Holdings’ N350bn Rights Issue
In a significant shift from traditional marketing strategies, Access Holdings, one of Nigeria’s largest financial services companies, has enlisted the help of social media influencers to promote its N350 billion rights issue. This move highlights the growing importance of social media in financial marketing, particularly as banks and financial institutions seek to reach younger, digitally […]
Read MoreUnlock The Power Of Financial Modelling For Startup Success
As a founder, financial modelling may seem intimidating, but it is actually a powerful tool to tell your startup’s story through numbers. By projecting your company’s future performance, you can secure investments, make informed decisions, and drive growth. Why Financial Models Matter Before building a financial model, it is essential to understand its importance. There […]
Read MoreNew Minimum Wage: Impact On Nigeria’s Private Sector
The recent announcement of a new N70, 000 minimum wage in Nigeria has garnered significant attention, with various stakeholders expressing both commendation and concern. The Manufacturers Association of Nigeria (MAN) has praised President Bola Tinubu for this initiative but has also highlighted the pressing need for supporting measures to ensure that the private sector can […]
Read MoreHow Research Elevates PR To A Strategic Role
In the world of public relations, the truism is that research makes the backbone of strategic communication. This truth is exemplified by the story of EcoPower Solutions, a company committed to providing sustainable energy solutions. By integrating comprehensive PR research into their strategy, EcoPower Solutions has successfully navigated challenges, capitalised on opportunities, and strengthened their […]
Read MoreIRs Presentation: Crafting a Compelling Equity Story
In the recent business world, it is essential to provide a comprehensive understanding of your company’s journey, its current market position, and its future aspirations to investors, especially if you have to make your company attractive to investors. As such, there are some core elements that have to be presented in order to make your […]
Read MoreNigerian Stocks Lose N334bn In Market Cap As Bears Take Over In July
The Nigerian Exchange (NGX) began the second half of 2024 on a bearish note, experiencing a notable decline of 0.39 percent over the past two weeks. This downturn has resulted in a substantial loss of N334 billion in market capitalisation. By the close of the week ending July 12, 2024, the NGX’s All-Share Index (ASI) […]
Read MoreStakeholders Urge SEC To Develop Comprehensive Crypto Rule
Stakeholders across various sectors have called on the Securities and Exchange Commission (SEC) to develop a comprehensive regulatory framework for crypto assets in Nigeria. This appeal was made during the recent first annual conference of the Association of Capital Market Academics of Nigeria (ACMAN), where experts from academia, legislature, capital markets, banking, and ancillary sectors […]
Read MoreCriteria For Effective Investor Relations Messaging
Effective Investor Relations (IR) messaging is crucial for building and maintaining trust with stakeholders. The criteria that every quality IR content should meet? Objective Bad news should not be hidden. Press releases and annual reports must describe difficulties with objectivity and humility. A degree of frankness and integrity will always pay off in the […]
Read MoreGTCO’s N400.5bn Public Offer: A Strategic Move For Expansion, Stability
Guaranty Trust Holding Company Plc (GTCO) has announced an ambitious plan to raise N400.5 billion through a public offer, signalling a bold step towards enhancing its capital base and expanding its international footprint. This initiative, disclosed by GTCO Group Managing Director (MD), Mr. Segun Agbaje during the ‘Facts Behind the Offer Presentation,’ underlines the strategic […]
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