UBA to Raise N239.4bn through Rights Issue …Shareholders to receive one new share for five existing shares
By Kayode Ogunwale Tony Elumele, Chairman UBA United Bank for Africa (UBA) Plc, will raise billion through a Rights Issue of 6,839,884,274 ordinary shares of 50 kobo each at per…
FBN Holdings shareholders approve N14bn dividend …endorses Oyedeji as new GMD
Kayode Ogunwale The 12th Annual General Meeting of FBN Holdings Plc took place this Thursday. picture at the end of the Virtual meeting from L- R FBNHoldings Executives, Oyewale Ariyibi,…
FBN Holdings raises N150bn to support recapitalisation
The Group Managing Director, FBN Holdings, Nnamdi Okonkwo, yesterday revealed that the Nigeria’s premier banking group plans to attain a N730 billion capital base by the first quarter of (Q1)…
Oando Rebounds with N60.3 Billion Profit in 2023
By Kayode Ogunwale Oando PLC reported a profit after tax of billion in its audited financials for the full year ended 2023, a substantial improvement from its 2022 financial…
Access Holdings’ Total Assets Grows to ₦41.1 Trillion in Q3 …Gross Revenue Hits ₦3.4 Trillion
By Kayode Ogunwale Access Holdings Plc has announced its unaudited results for the third quarter ended September 30, 2024. The financial results highlight the group’s continued growth momentum, emphasising resilience…
CSCS wins “Capital Market infrastructure developer of the year” at bafi awards 2024
Kayode Ogunwale L-R: Frank Aigbogun, Co-founder Business Day, Onome Komolafe, Divisional Head, Business Service & Client Experience, CSCS Plc, Tobe Nnadozie, Divisional Head, Business Technology & Innovation, CSCS Plc, Edidiong…
United Capital Group emerges biggest winner at 2024 BAFI Awards, bags 5 major awards
L-R: Group Executive Director and Chief Operating Officer, Ayodeji Adigun, Group Chief Executive Officer, Peter Ashade, Deputy Group Chief Executive, Sunny Anene; all of United Capital Group at the BAFI…
United Capital delivers solid earnings performance – records 93% growth YOY in profitability
By Kayode Ogunwale Following a series of impressive quarters, United Capital Group has delivered an outstanding financial performance in Q3 2024, further cementing its upward growth trajectory. Its financial…
Aradel Holdings drop N208bn in single day trading
By Kayode Ogunwale Aradel Holdings PLC has reported a substantial loss of billion in a single trading day. This development occurred merely two days after the company successfully listed…
Sustainability: Dangote Cement Commits to Carbon Emission Reduction for Business Optimisation …Feeds vulnerable Communities, empowers Children, Widows
Beneficiaries of the Dangote Cement Sustainability Team displaying their Skills acquisition scholarship certificates at the Ajomo-Ikosi community in Kosofe Local Government during the 2024 Sustainability Week celebrations in Lagos…