By Financescape Jaiz Bank Plc has announced the appointment of Mr. Shehu Mohammed as its new bank Secretary/Legal Adviser. According to the release signed by the company Executive Director, Mr. Sirajo Salisu for Jaiz Bank Plc notify The Nigerian Exchange Group NGX Regulation Limited and its entire Shareholders and the General […]
Category: Corporate News
FBN Holdings announced closed period to consider unaudited half year 2021 account.
By Financescape First Bank Nigeria Holdings Plc has announced the commencement of close period, In a notice to the general public and stakeholders the company stated that the Board of Directors of FBN Holdings Plc will be meeting to consider the audited Half Year Accounts on the 29th of July 2021. […]
Mrs. Yemisi Edun Succeeds Mr. Adam Nuru as the CEO/Managing director of FCMB
By Financescape The appointment was subsequent to the end of the service of the Bank’s former Managing Director Mr. Adam Nuru. According to the release, the Board of Directors First City Monument Bank FCMB Group Plc confirmed and announced the appointment of former acting managing director Mrs. Yemisi Edun as its new […]
Airtel Africa announced sale of its tower’s infrastructure assets in Tanzania for $175 million.
By Financescape Airtel Africa a leading provider of telecommunications and mobile money services which offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally has set sale of tower portfolio in Tanzania for $175 million. […]
MTN NIGERIA COMMUNICATION PLC ANNOUNCED THE COMPLETION OF ISSUANCE OF N110 BILLION SERIES 1 7-YEAR 13.0% FIXED RATE BONDS DUE 2028 UNDER ITS N200 BILLION BOND ISSUANCE PROGRAM
By Financescape MTN Nigeria Communication Plc, a telecommunication service provider in Nigeria announced the completion of its (series 1 Bond) debt capital under the N200,000,000,000 Bond Issuance Programme. The company had earlier declared its intention to raise N100 billion in Series I of the registered Shelf program adding that the Series I […]
OKOMU OIL PALM COMPANY PROPOSED A DIVIDEND OF N7.00 TO ITS COMPANY SHAREHOLDERS FOR PERIOD ENDED 31TH DECEMBER, 2020.
By Financescape OKOMU OIL PALM COMPANY PLC a Nigeria-based company specialized in producing and marketing palm oil and natural rubber has proposed to pay a dividend of N7.00 per 50kobo ordinary share to shareholders of the company whose names appear in the registrar of members on the 13th May 2021. […]
Airtel Africa Plc Announced the Signing of a $500m Loan Facility with a Group of Relationship Banks.
By Financescape Airtel Africa, a leading provider of telecommunications and mobile money services, today announced that the company has successfully signed a new $500m loan facility with a group of relationship banks. The committed facility consists of a combination of a revolving credit facility and term loans with tenor of up to […]
Lafarge Africa (WAPCO) delivered improve results in FY 2020
By Financescape Lafarge Africa (WAPCO) has released an audited financial account for the year ended December 31, 2020. Lafarge Africa Plc, a leading Sub-Saharan Africa building materials company is a subsidiary of LafargeHolcim, a world leader in building materials. Listed on the Nigerian Stock Exchange. According to the report, the […]
Zenith Bank Plc’s Group Managing Director acquired 5,000,000 additional shares of the company
By Financescape The Group Managing Director of Zenith bank plc Mr. Ebenezer Onyeagwu has acquired additional 5,000,000 units of zenith bank plc shares. According to notice sign by the company secretary/General counsel and send to the Nigeria Stock Exchange and the investing public the transaction was executed on the floor of the Nigeria Stock Exchange […]
Interswitch Limited Completes N23 Billion Bond Placement
By Daniel Anomietei/Mediacraft Following the registration of a N30 billion debt issuance programme (the “Programme”) with the Securities and Exchange Commission of Nigeria (“SEC”), Interswitch Limited (the “Sponsor” or “Interswitch”), a leading technology-driven company focused on the digitisation of payments in Nigeria and other African countries, has successfully concluded a N23 billion Series […]
Stanbic IBTC Graduates 16th Batch Of Trainees
By Daniel Anomietei/Mediacraft Saturday, October 25, 2019. As part of its youth empowerment and socio-economic drive, Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, recently graduated the 16thbatch of Graduate Trainees. Stanbic IBTC’s Graduate Trainee program is a scheme which recruits talented young Nigerians, who are either […]
Africa’s Real Estate Sector Continues To Evolve Despite Market Volatility
By Daniel Anomietei/Mediacraft JOHANNESBURG, 2 OCTOBER 2019: Over the last year changes in Africa’s regulatory environments, coupled with constant swings in commodity prices as well as heightened political and economic tensions, have resulted in ongoing volatility in the continent’s real estate markets. Despite this, fundamental demand-supply imbalances continue to present a largely […]