Polaris Bank, in partnership with key stakeholders, has reaffirmed its commitment to combating the alarming rate of out-of-school children in Nigeria. Through its targeted interventions, the Bank has ensured continuous education for over 15,000 students, providing them with the opportunity to learn, thrive, and contribute to a better future. […]
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FCMB Group Completes Public Offer, Raises N147.51bn with 33% oversubscription.
FCMB Group Plc has announced the successful completion of its public offer, following the approvals of the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (S. The Group noted that the offer was oversubscribed by 33 per cent, attracting 42,800 investors with 92 per cent subscribing […]
Vitafoam To Pay N1. 38bn Dividend As Net Asset Hits N25bn
Vitafoam Nigeria Plc has proposed a dividend of N1.05 per share, amounting to N1.375bn for approval by shareholders at its 63rd Annual General Meeting (AGM), scheduled for 6th March, 2025 in Lagos. The Group’s Net Asset, a performance indicator of corporate growth, rose to N25bn in 2024 from N17bn in […]
Cadbury Loses Royal Warrant After 170 Years
Chocolate maker Cadbury has been dropped from the list of royal warrants for the first time in 170 years. The Birmingham-based chocolatier was awarded its first royal warrant as chocolate and cocoa manufacturers by Queen Victoria in 1854, but it has lost its royal endorsement under King Charles. […]
Yuletide: Ecobank Warns Customers To remain Vigilant Against Fraudsters ….Assures Customers Of Consistent Digital Banking Access
As Nigerians prepare for the year-end festivities, Ecobank Nigeria has cautioned its customers to remain vigilant against fraudsters throughout the holiday season. The Bank also guaranteed customers uninterrupted access to banking services through its digital during this time. Head of Consumer Banking at Ecobank Nigeria, Mrs. Adeola Ogunyemi, […]
Access Bank Hosts President Steinmeier, Commits to Strengthening German-Nigerian Trade Relations
Access Bank Plc last week welcomed the President of the Federal Republic of Germany, Frank-Walter Steinmeier, during his first official visit to Nigeria, underscoring the growing importance of German-Nigerian economic ties. Accompanied by a delegation of German business leaders and representatives, President Steinmeier’s visit highlights Access Bank’s pivotal role in […]
Publish Periodic Returns on Your websites- SEC Charges Public Companies
The Securities and Exchange Commission (SEC) has issued a directive requiring all publicly-listed companies to publish their financial statements on their websites effective from January 2025. The Commission while issuing the directive in a Circular Thursday, warned that failure to comply with this directive would attract sanctions. According to the […]
NGX Group, SEC Deepen Global Partnerships Through Strategic Visit to India
Nigerian Exchange Group (NGX Group), in collaboration with the Securities and Exchange Commission (SEC) Nigeria, has taken a significant step toward enhancing global partnerships within the Nigerian capital market. This was achieved through high-level engagements with the National Stock Exchange (NSE) of India and key players in India’s financial ecosystem. […]
Vibrant Capital Market Key to $1trn Economy- Agama
The Securities and Exchange Commission (SEC) has stressed the need for a vibrant capital market in achieving the Federal Government’s $1 trillion economy target. The Director-General of SEC, Dr Emomotimi Agama, said this at the 2024 SEC Journalists Academy held in Lagos, Tuesday. Agama spoke on the theme: “The Role […]
Oriental Energy Conduct Naming Ceremony For Okwok Field FPSO
Oriental Energy Resources (OERL) announces the naming of the EMEM Floating Production Storage and Offloading Vessel (FPSO) at the Dry Docks World Dubai Shipyard in the United Arab Emirates. The naming ceremony was attended by His Excellency Vice President Kashim Shettima GCON, who represented His Excellency President Bola Ahmed Tinubu […]