….50 kobo dividend Shareholders of Wema Bank Plc, one of the nation’s oldest commercial banks have approved the Bank’s quest to raise N200 billion in capital at the group’s annual general meeting (AGM) held electronically today. Also, the shareholders endorsed the management’s 50 kobo per share dividend payouts for […]
Category: Trending
Trending News
Fidelity Bank to raise N127.1 billion from right issue and public offer
Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to N127.1 billion by way of a Rights Issue to existing shareholders and a Public Offer. The Combined Offer is a part of the Bank’s strategy to increase its share capital base in compliance with […]
Fiscal and monetary policy missteps under Tinubu escalated inflation and naira depreciation-Economists
Financial experts have assessed the fiscal and monetary policies implemented during President Tinubu’s first year in office, concluding that these measures have resulted in macroeconomic instability. Following his inauguration as the 16th President of Nigeria at Eagle Square, Abuja, President Bola Tinubu announced the removal of the fuel subsidy. […]
MTN Group’s Q1 2024 service revenue dips 18.8% on MTN Nigeria challenges
MTN Nigeria grows subscriber base to 77.749 million in Q1’2024 to retain the largest market. MTN Nigeria’s subscriber base grew by 1.3% to 77.749 million in the first quarter ending March 2024 from 76.751 million reported in the corresponding period of 2023 to retain the largest market outside South Africa. […]