Category: Business

Chukwuma, INNOSON Loses Appeal against GTB 

The Court of Appeal sitting in Enugu has dismissed the preliminary objections brought before it by the Chairman of Innoson Motors, Chief Innocent Chukwuma and his...

Why Financial Reporting is Essential, Says Awe

Nigerian Stock Exchange (NSE) has emphasised the importance of financial reporting, as it is very important because people can rely on the statements to take serious...

Market indices depreciate by 0.62% 

Equities trading on the floor of the Nigerian Stock Exchange (NSE) for the week ended Friday July 13, ended bearish as the All-Share-Index (ASI) dropped by 0.62 percent...

NSE Rule on Transfer of Shares to Begin August Next Year

The Nigerian Stock Exchange, (NSE) amended rule 15.34 which relates to ‘Nominal Transfer’ of shares of quoted companies on the Exchange has been approved by the...

UAE Exchange Rebrands Africa Operations with Brand New Name

United Arab Emirate (UAE) Exchange has announced the rebranding of its Africa operations and also adopted a new name Unimoni, short for universal money. Executive...

UBA Emerges Best Institution in Digital Banking Across Africa

Pan-African financial services group, United Bank for Africa Plc, has once again made an addition to its growing list of enviable laurels as it was named Africa’s...

Abuja Airport’s New Terminal to Begins Operation October

Nigerian government has said the new terminal at the Nnamdi Azikiwe International Airport in Abuja would start operation in October this year. The Managing Director of...

FAAC Meeting Postponed Again

The monthly Federation Account Allocation Committee (FAAC) was postponed for the third since June 27, 2018 and the fifth since the beginning of the year, over...

OPEC Output May Be Stretched Due to Supply Crises

OPEC’s Gulf members may need to pump almost as much crude as they can to cover swelling supply losses from Venezuela to Iran and beyond, the International Energy...

Sterling Bank Elevates 2 Executive Directors

 The management and Board of Director of the Sterling Bank Plc has announced the appointment of Folasade Kilaso and Michael Onochie Ajukwu as Non-Executive Director and...