United Bank for Africa (UBA), the leading pan-African financial services institution, on Monday, announced the appointment of Mrs Caroline Anyanwu to its Board of Directors, effective May 19, 2021. Caroline Anyanwu holds a First-Class degree in Statistics from the University…
By Kayode Tokede The Central Bank of Nigeria (CBN) on Monday issued a circular introducing new licence requirement for Nigerian payments systems. The circular classifies payment service providers into six major categories and introduces permissible activities for each of the…
By Kayode Tokede Custodian Investment Plc has been authorized the Securities and Exchange Commission (SEC) to proceed with a mandatory takeover offer to be made to minority shareholders of UACN Property Development Company Plc (UPDC) for the purchase of up…
By Kayode Tokede The FMDQ Securities Exchange Limited, has announce the admission of the BUA Cement PLC’s N115 billion Series 1 Fixed Rate Senior Unsecured Bond under its N200 billion Bond Issuance Programme, for listing on its platform, as approved…
By Ibiyemi Mathew Recent statistics by the Nigeria Bureau of Statistics has revealed that the Information and Communications Technology (ICT) sector retained its role as the sector with the highest growth rate of all the main sectors of the Nigerian…
By Kayode Tokede Trading activities on the Nigerian Exchange Limited (NGX) on Monday opened the new week on a negative note with a decline of 0.10 per cent, following profit-taking in Banking stocks. In summary, the All-Share Index (ASI) shed…
Eko Electricity Distribution Company (EKEDC) has advised its customers to shun illegal activities and the use of unauthorised personnel within its network. Mr Godwin Idemudia, General Manager, Corporate Communications, EKEDC, gave the advice in a statement issued on Monday in…
By Owoleye Oluwakayode A real estate developer, Pelican Valley Nigeria, has inaugurated an electrification project at Pelican-Brief Estate, in Abeokuta, Ogun State. The Chairman, Pelican Valley Nigeria Ltd, Babatunde Adeyemo, in his opening speech at the inauguration recently, expressed his…
Economic activities at Twon Brass, hosts to Agip’s Oil Export Terminal in Bayelsa have remained grounded as residents continued to occupy the premises of the oil firm even after power supply had been partially restored to the community. Residents had…
By Kayode Tokede The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has disclosed that the Bank has dedicated N100 billion for the financing micro, small and medium enterprises (MSMEs) in the country. This, he said is to enable them contribute more…
