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JenneteUgo Anya
- November 14, 2024
Dangote Group Emerges Nigeria’s Most Tax-Compliant Business
The Dangote Group and its subsidiaries have received honours, emerging as Nigeria’s most tax-compliant business organisation at the Federal Inland Revenue Service (FIRS) Special Day during the recent Lagos International Trade Fair. The recognition came as FIRS celebrated several businesses for their commitment to tax compliance, with Dangote Industries Limited (DIL) and Bluestar Shipping, a […]
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- November 14, 2024
Lotus Bank Exceeds CBN’s Capital Requirements
Lotus Bank Limited, Nigeria’s non-interest bank, has confirmed that it has surpassed the Central Bank of Nigeria’s (CBN) newly set minimum capital requirements. This achievement, attained prior to CBN’s recent adjustment of the capital base for non-interest banks, highlights Lotus Bank’s financial stability and readiness to serve as a national bank. The new capital requirements […]
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- November 14, 2024
Stanbic IBTC Wins Several Awards At 2024 FMDQ Gold Awards
Stanbic IBTC Holdings Plc has won several awards at the recent 2024 FMDQ Gold Awards. This year, the awards honoured Stanbic IBTC Bank for its remarkable achievements in Nigeria’s financial markets, with accolades in the categories of FMDQ FX Market Liquidity Provider, FMDQ Dealing Member of the Year, and FMDQ Fixed Income Market Liquidity Provider. […]
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- November 13, 2024
PZ Cussons Nigeria Announces Oludare Elusakin As New CFO
PZ Cussons Nigeria Plc has announced the appointment of Mr. Oludare Ebenezer Elusakin as the new Chief Financial Officer (CFO) of the company, effective November 11, 2024. This follows the conclusion of the interim tenure of Mr. Brian Egan, who will officially step down on December 20, 2024, after years of dedicated service to the […]
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- November 13, 2024
Seplat Energy Announces Naira Rate For Q3 Dividend
Seplat Energy Plc has disclosed that a rate of NGN 1,681.42 to 1United States dollar (USD) will be applied to determine the naira equivalent of its third-quarter (Q3) 2024 interim dividend for shareholders opting to receive pay-outs in local currency. This was announced recently via the Nigerian Exchange Limited (NGX), specifies the rate’s basis as […]
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- November 13, 2024
UBA Appoints Ugboh As Independent Non-executive Director
United Bank for Africa (UBA) Plc has announced the appointment of Mrs. Henrietta Ugboh as an Independent Non-executive Director, following the retirement of Mrs. Owanari Duke from the Group Board. The appointment has received necessary regulatory approvals, including from the Central Bank of Nigeria. UBA’s Group Chairman, Mr. Tony Elumelu, commended Mrs. Ugboh’s proven record […]
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- November 13, 2024
FIRS Names NLNG As Most Compliant Taxpayer At 2024 Awards
The Federal Inland Revenue Service (FIRS) has awarded the Nigeria LNG Limited (NLNG) with the prestigious title of ‘Most Compliant Taxpayer’ at the recent 2024 FIRS Day, held during the Lagos International Trade Fair. This award, part of the FIRS Compliant Taxpayer Award and Recognition Programme, acknowledges companies that consistently uphold their tax responsibilities, significantly […]
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- November 12, 2024
NGX Sees N84bn Surge as Aradel, Eunisell Lead Market Rally
Equities investors on the Nigerian Exchange (NGX) enjoyed a boost on recently, with the market capitalisation rising by N84 billion, driven by strong rallies in stocks such as Aradel Holdings, Eunisell Interlinked, and Flour Mills of Nigeria Plc. The positive momentum marked a strong start to the week after a negative finish the previous week. […]
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- November 12, 2024
Dangote, BUA, Others Increase Investments By 30%
In the first half of 2024, leading manufacturing giants in Nigeria, including Dangote Group, BUA Group, and Flour Mills of Nigeria, raised their investments by 30 percent, capitalising on emerging opportunities within the country’s challenging economic environment. According to a recent half-year (H1) review from the Manufacturers Association of Nigeria (MAN), the total investments in […]
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- November 12, 2024
NGX Invest Facilitates Over N1.26tr For Banks’ Recapitalisation
NGX Invest, the digital offering platform of the Nigerian Exchange (NGX), has raised over N1.26 trillion for banks through various rights issues and public offerings. This significant achievement highlights the growing role of the platform in capital-raising efforts across the financial sector. FBN Holdings, which recently launched its N150 billion rights issue, becomes the latest […]
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