By Modupe Gbadeyanka On Saturday, March 25th, 2017
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NASD Right Issue Opens, Targets N165.5m

By Modupe Gbadeyanka NASD OTC Exchange, on Monday, March 20, 2017, opened its Right Issue, hoping to raise about N165.5 million from the exercise, which closes on Friday, April 28, 2017. NASD says proceeds from More...

By Modupe Gbadeyanka On Saturday, March 25th, 2017
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FCT Minister Moves to Make Abuja Investment Hub

By Modupe Gbadeyanka Minister of Federal Capital Territory (FCT), Mr Muhammad Musa Bello, has promised to make Abuja, one of the greenest cities in the world and among the tops in the ease of doing business. Mr More...

By Modupe Gbadeyanka On Saturday, March 25th, 2017
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MRS Oil Nigeria Posts 2016 Strong Earnings

By Modupe Gbadeyanka One of the leading oil and gas companies in the country, MRS Oil Nigeria, has posted strong earnings for the year ended December 31, 2016. In its financial statements made available to the More...

By Modupe Gbadeyanka On Saturday, March 25th, 2017
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Oluyemi Olatunji Resigns as Unity Kapital Boss

By Modupe Gbadeyanka The Managing Director/CEO of Unity Kapital Assurance Plc, Olatunji Patrick Oluyemi, has resigned from the company. A statement issued by the firm’s Legal Adviser, Halima Wushishi, disclosed More...

By Modupe Gbadeyanka On Saturday, March 25th, 2017
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Seplat Board Okays 2016 Full Year Financial Results

By Modupe Gbadeyanka The Board of Directors of Seplat Petroleum Development Company Plc has approved the 2016 Full Year Financial Results. The company, in a statement issued on Friday, disclosed that the board, More...

By Modupe Gbadeyanka On Saturday, March 25th, 2017
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David Thomas Leaves NAHCO

By Modupe Gbadeyanka Mr David Thomas has resigned from his appointment as a Director of Nigerian Aviation Handling Company Plc (NAHCO). The resignation Mr Thomas was announced by NAHCO in a statement made available More...

By Modupe Gbadeyanka On Saturday, March 25th, 2017
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Daramola Retires from International Breweries Board

By Modupe Gbadeyanka The management of International Breweries has announced the retirement of Otunba Michael Daramola as Chairman of its Board of Directors. In a statement signed by its Secretary, Mr Muyiwa Ayojimi, More...

By Modupe Gbadeyanka On Saturday, March 25th, 2017
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Investors Stake N10.3b on 1.3b Shares in 5 Days as ASI Sheds 0.77%

By Modupe Gbadeyanka A total turnover of 1.309 billion shares worth N10.323 billion in 13,042 deals were traded this week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of More...

By Modupe Gbadeyanka On Saturday, March 25th, 2017
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UBA Grows Stronger, Posts 21% Profit Hike, Assets Hit N3.5tr

By Modupe Gbadeyanka Pan-African financial institution, UBA Plc, has posted a profit after tax of N72.264 billion in 2016 in contrast to N59.654 billion it recorded a year before, indicating an increase of 21 percent. In More...

By Modupe Gbadeyanka On Saturday, March 25th, 2017
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Stanbic IBTC Raises Profit by 52% as Assets Hits N1tr

By Modupe Gbadeyanka It was an eventful year for Stanbic IBTC Holdings in 2016 as it grew its total assets value to N1 trillion from N937.5 billion in 2015. Despite the economic challenges faced by most businesses More...

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