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JenneteUgo Anya
- October 15, 2024
The Role Of Public Relations In Promoting Sustainable Business Practices In Nigeria
Sustainability has become a key concern for businesses worldwide. As the global market continues to evolve, companies are increasingly adopting sustainable business practices that not only benefit the environment but also lead to long-term growth and profitability. In Nigeria, where industries are booming and environmental challenges persist, sustainability is no longer a buzzword but a […]
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- October 14, 2024
NGX Suspends Trading Of Transcorp Shares For Capital Overhaul
The Nigerian Exchange Limited (NGX) has announced the temporary suspension of trading in the shares of Transnational Corporation Plc (Transcorp) as the company embarks on a share capital restructuring process. This move is intended to facilitate the consolidation of Transcorp’s shareholding structure and will ensure a smooth reconciliation of records between the company’s registrars and […]
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- October 14, 2024
NGX Reinstates Trading Of Lasaco Assurance Shares Following 2023 Financial Statements Filing
The Nigerian Exchange Limited (NGX) has lifted the suspension on the trading of Lasaco Assurance Plc shares following the company’s successful submission of its Audited Financial Statements (AFS) for the year ended 31 December 2023. Lasaco also filed all other outstanding financial statements, bringing it into full compliance with NGX’s regulatory requirements. The suspension, which […]
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- October 14, 2024
Nigerian Breweries Extends Rights Issue Deadline Following SEC Approval
Nigerian Breweries Plc has announced the extension of its ongoing Rights Issue acceptance period, now set to close on October 18, 2024, instead of the original deadline of October 11. The extension, approved by the Securities and Exchange Commission (SEC), was made to accommodate public holidays that interrupted normal working days during the initial subscription […]
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- October 10, 2024
Bank CEOs Decry Social Media Blackmail Targeted At Banks
The Chartered Institute of Bankers of Nigeria (CIBN) and the Body of Bank Chief Executive Officers (CEOs) have jointly expressed concern over the increasing social media campaigns that are targeting Nigerian banks with false claims and accusations. In a recent statement released in Lagos, the banking institutions emphasised the vital role that the banks play […]
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- October 10, 2024
Presco Plc Announces Resignation Of Three Directors
Presco Plc has announced the resignation of three Non-Executive Directors, which include Dr. Bassey Edem, Mr. Osa Osunde, and Prince Aiguobasimwin Akenzua. This development was disclosed in a recent statement signed by the company’s Secretary, Alayo Ogunbiyi, which highlighted the directors’ contributions to the company’s growth during their respective tenures. The directors, who joined Presco’s […]
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- October 9, 2024
SEC To Tighten Oversight On Fintech
The Securities and Exchange Commission (SEC) is ramping up its regulatory efforts in the fintech sector to curb financial mismanagement and align operators with capital market standards. The move, aimed at protecting investors’ funds, was announced by Director-General of SEC, Mr. Emomotimi Agama, during his keynote speech at the recent Nigeria Fintech Week. Mr. Agama […]
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- October 8, 2024
Fidelity Bank’s Half-Year Results Reflect Strategic Drive
In today’s unpredictable economic climate, financial institutions are facing unprecedented challenges – from inflationary pressures to fluctuating interest rates and a volatile currency environment. Yet, despite these headwinds, some banks are not only surviving but thriving. A prime example of this resilience is Fidelity Bank, one of Nigeria’s tier-two financial institutions, which recently announced its […]
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- October 3, 2024
FG Reaffirms Commitment To MSMEs Growth with Expanded Tax Incentives
The federal government has reaffirmed its dedication to supporting the growth and sustainability of micro, small, and medium enterprises (MSMEs) through various tax incentives aimed at easing financial pressures on these businesses. This announcement was made by Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), during the inaugural MSME Finance Awards […]
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- October 3, 2024
Stanbic IBTC Elects Kunle Adedeji As Acting CEO
Stanbic IBTC Holdings Plc has announced the appointment of Dr. Kunle Adedeji as acting Chief Executive Officer (CEO), following the retirement of Dr. Demola Sogunle, who will step down from his role on October 31, 2024. The announcement was made in a statement released recently, signed by Mr. Chidi Okezie, the company’s secretary. The Board […]
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