Lagos cooperatives investment hits N152 billion
Ahead of the 2018 United Nations International Day of Cooperatives, the Lagos State Commissioner for Commerce, Industry and Cooperatives, Mrs. Olayinka Oladunjoye, has disclosed that Cooperatives investment has risen to N152billion Addressing journalists in Lagos yesterday, she said the importance of Cooperatives to the growth and development of the economy cannot be over emphasized. She…
Living up to your company’s values as a leader
When developing a business concept or plan, you included a set of values you intended to be the basis of your company’s culture. Most times, you sell it as a value proposition...
Dangote Sugar pays N21 billion in dividend, N121 billion on asset acquisition
Dangote Sugar Refinery Plc has increased dividend pay out to shareholders for the 2017 financial year by 192 per cent to N21 billion, translating to 175 kobo per share from N7.2 billion or 60 kobo per share in 2016, in line with its resolve to deliver decent returns on investments.
BDC-bank rates’ merger and search for end to multiple exchanges
It is a long-drawn battle and it has not been easy, even till now. That is not only the a good description of the many challenges that beset the foreign exchange market, but also the participants, particularly the licenced Bureaux De Change (BDCs).
SEC reassures foreign investors of dynamic, transparent market
The Securities and Exchange Commission (SEC) Nigeria, has assured foreign investors of the safety of their investments in the Nigerian capital market.Disclosing this when representatives of JP Morgan and Stanbic IBTC visited the commission in Abuja..
Development Bank of Nigeria opens Lagos office
The Development Bank of Nigeria (DBN) has opened its Lagos office, located on Idejo Street in Victoria Island, to service Participating Financial Institutions (PFIs) domiciled in the commercial city of the country.
Paga joins global Fintechs to launch new codes for digital services
Nigeria’s digital financial services provider- Paga, has joined a unique alliance of over 50 Fintech investors and digital finance innovators, who also gathered at Amsterdam, to launch investor guidelines aimed at spreading the benefits of the Fintech revolution more widely.
Access Bank facilitates 20 new businesses through German Desk
Access Bank Plc’s newly set up German Business Desk has strengthened Nigeria-German bilateral trade with more than 20 new businesses registered since the unit came into operations in 2017.Besides, the bank reiterated commitment to continue to sustain support for Small and Medium Enterprises (SMEs) with accessible fund to grow their businesses.
UACN shareholders approve N1.8b dividend, business plans
The shareholders of UAC of Nigeria Plc has approved a dividend plan of N1.86 billion, translating to 64.58 kobo per share due to every investor of the firm for the 2017 financial year.The shareholders, however, were assured that the board would tackle the causes of the declining performance and implement initiatives...
Ecobank takes financial inclusion to campuses
Thousands of students across various tertiary institutions in the country have been on-boarded on the Ecobank Mobile App, as the lender’s financial inclusion campaign on campuses, titled: “Ecobank Xpress Campus Storm” currently sweeps across the country’s universities and polytechnics.