Share By Adefolarin A.Olamilekan January 11, 2022 Perspective on Bank’s Increasing Credit in 2022 Economic growths through targeted monetary policies has been a major objective of successive Nigerian government’s deployed by the Central Bank of Nigeria (CBN). This is apart from the fiscal policies that’s tends to improve government revenueContinue Reading
ShareBy Aluta News Jan. 6, 2022 The domestic equities market sustained its positive run on Thursday as demand for Lafarge Africa and FBN Holdings spurred a third consecutive gain in the market. Specifically, the All-Share Index inched higher by 131.19 points or 0.30 per cent to close at 43,607.94 fromContinue Reading
ShareBy Aluta News Dec. 31, 2021 Vitafoam Nigeria Plc has posted a profit before tax (PBT) of N6.78 billion for the full year ended Sept. 30, 2021 The company’s Group Managing Director, Mr Taiwo Adeniyi, disclosed in this in its audited financial statement sent to Nigerian Exchange Ltd on Dec.Continue Reading
ShareBy Aluta News Dec. 28, 2021 The Securities and Exchange Commission (SEC) has warned the public against dealings with FinAfrica Investment Ltd and Poyoyo Investment. A circular by the management of SEC and published on the commission’s website said the activities of the companies were not registered by it. TheContinue Reading
ShareBy Aluta News Dec. 28, 2021 A Lagos based corporate lawyer, Mr Ogedi Ogu, has called for automation of shares allotment and increase on the Corporate Affairs Commission (CAC) portal to enhance service delivery. In an interview with the News Agency of Nigeria (NAN) in Lagos on Tuesday, Ogu saidContinue Reading
ShareBy Aluta News Dec. 23, 2021 Trading on the nation’s bourse remained bearish on Thursday with the market capitalisation dropping further by N7 billion on sustained profit taking. Specifically, the market capitalisation lost N7 billion or 0.03 per cent to close at N22.043 trillion from N22.050 trillion posted on Wednesday.Continue Reading
ShareAbuja, Dec. 3, 2021 (NAN) Alhaji Lawan Ali, Chairman, Electoral Committee of Charcoal Association in Nigeria, has called for deeper diplomatic ties between Russia and Nigeria to boost charcoal trade. Ali told the News Agency of Nigeria (NAN) in Abuja on Friday that this has become important because Russia hasContinue Reading
ShareBy Aluta News Nov. 30, 2021 MTN Nigeria on Tuesday announced a public offer of 575 million shares at N169 per share with effect from Dec.1. The offer closes on Dec. 14. Its Chief Executive Officer, Mr Karl Toriola, told newsmen in Abuja that the “Retail Offer’’ which is toContinue Reading
ShareBy Aluta News Nov. 29, 2021 Oando Plc has officially notified the Nigerian Exchange Ltd. (NGX) of the acquisition of Alhaji Dahiru Mangal’s interest in the company by Leaf Investment & Realtors Ltd. This was contained in a statement signed by Oando Chief Compliance Officer & Company Secretary, Ayotola Jagun,Continue Reading
ShareBy Aluta News Nov. 24, 2021 A 16-man delegation from Russia, representing different companies on Wednesday expressed their readiness to partner and invest in Nigeria. Mr Ivan Klevtsov, leader of the delegation and CEO of Metalwork, a Russian based production and engineering company, said this at the Nigeria-Russia Business MeetingContinue Reading