National Wire About Nigerians, Nigerian Business and Other Stories
Oando Waxes Strong, Posts N315.4 Billion Revenue
Oando PLC has announced its financial results for the six months ended June 30, 2019 with a profit-after-tax (PAT) of N7.2 billion.
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Metro
Empowering Young African Entrepreneurs: African Presidents, Global Leaders Tackle Job Creation, Youth Empowerment At The 2019 Tony Elumelu Foundation Entrepreneurship Forum
At the recently concluded 5th edition of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum, five African Presidents and thousands of young African entrepreneurs converged at the most influential gathering in the African entrepreneurship ecosystem. Job creation and youth empowerment were the key themes tackled at the Forum.
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Special Training On Regulating Fintech Innovation In The Nigerian Capital Market In Abuja–Pix
Chief Executive Officer, Enhancing Financial, Innovation and Access Mr Esaie Diei, Regulatory, Innovation Lead, Cambridge Centre for Alternative Finance Mr Philip Rowan, Acting, Director General, Securities and Exchange Commission Ms Mary Uduk and Acting Executive Commissioner, Operations, SEC Mr Isyaku Tilde during a Special Training on Regulating Fintech Innovation in the Nigerian Capital Market in Abuja, weekend
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UBA Pledges More Funding For SMEs
The United Bank for Africa Plc (UBA) has pledged more funding for the growth and development of Small and Medium Scale Enterprises (SME’s) in Africa.
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2018: FMDQ Admits N1.03tr Debts Securities On Its Floor
FMDQ Securities Exchange Plc said it admitted a total of 78 debt securities worth N1.03 trillion in the year ended December 31, 2018, as against 50 securities valued at N236.9 billion in the previous year in 2017.
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Q1: Aitel Grows Subscriber Base To 99.7 million…As Revenue Rises By 10.8 percent
Key Highlights Customer base grew by 9.3% to 99.7 Mn Reported revenues increased to $ 795.9 Mn, up 6.9%, with constant currency growth of 10.2%. This was the 6th consecutive quarter of double-digit constant currency growth Revenue growth of 10.2% in constant currency was driven by double-digit growth in Nigeria and East Africa, partially offset by a decline in revenue …
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Recapitalisation: FG Orders Insurance, Reinsurance Companies To Submit Plan Before August 20
The Federal Government has directed all insurance and reinsurance companies in the country to submit their recapitalization plan to the National Insurance Corporation (NAICOM) on or before August 20, 2019.
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WAEC Releases May/June 2019 Results
News reaching us has it that the West African Examination Council (WAEC) has released the results of its May/June 2019 examination.
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NSE Launches Investors Relations Data Pack
The Nigerian Stock Exchange (NSE) has launched NSE Investor Relations (IR) Data Pack, an innovative and dynamic webpage integrated with key market data, corporate news and disclosures, for corporate issuers.
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Shareholders Okay’s Sovereign Trust Insurance Share Capital Increase
Sovereign Trust Insurance Plc, (STI) shareholders on Thursday July 25, 2019, gave their approval to the request of the board of directors to increase the amount forming the authorized share capital from N10 billion to N15 billion, by the creation of ten billion ordinary shares of 50 kobo each ranking pari passu in all respects with the existing ordinary shares of the company.
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