Microsoft buyover: The rise and fall of Nokia?
During the press conference to announce NOKIA being acquired by Microsoft, Nokia CEO ended his speech by saying this “we didn’t do anything wrong, but somehow, we lost”. Upon saying that, all his management team, himself included, teared sadly. Nokia…
Heirs Insurance, Heirs Life Deliver on Promise quick services
Digital insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), have confirmed that customers are now able to purchase insurance policies from their websites, www.heirsinsurance.com and www.heirslifeassurance.com, in mere minutes. The revolutionary, interactive websites—first of their kind in…
Banks begin compliance with CBN FOREX order, Sell Dollar At N412
In compliance with the new Foreign Exchange (FX) regulation by the Central Bank of Nigeria (CBN), commercial banks in Abuja have set up dedicated teller points for FX transactions in their branches. Recall that the CBN had last week stopped…
Nigerian Breweries posts positive Q2-21 EPS of NGN0.02
Nigerian Breweries (NB) published its Q2-21 unaudited results after the market close last week Friday (July 30). The company reported a positive Q2-21 EPS of NGN0.02, bringing H1-21 EPS to NGN0.97 (H1-20: NGN0.70). The growth in EPS was driven by…
AELP Link to Boost Trading Between NGX, Other African Exchanges
Cross-border trading from one African securities exchange to another comes a step closer today, after the African Securities Exchanges Association (ASEA) signed a contract to procure an order-routing system. Seven of Africa’s leading securities Exchanges are working together in the…
Transcorp Plc ½ year report Shows Powerful Growth as Profit Leaps by 713%
Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant improvement across its major income lines. The Conglomerate with strategic investments in the Power, Hospitality, and Energy sectors, recorded a profit…
Heritage Bank hailed for supporting Ibadan Golf Club
Heritage Bank Plc has been commended for its continued supports to Nigeria’s sports’ sector, especially backing the Ibadan Golf Club’s 30th anniversary event. The event that attracted dignitaries and stakeholders from various parastatals also had the presence of the Governor…
Mobile Payment Operators boss joins Aspen leaders’ fellowship
The Association of Licensed Mobile Payment Operators (ALMPO) weekend, announced that its chairman, Jay Alabraba has been selected to join the Aspen Institute’s Finance Leaders Fellowship. Alabraba will join a diverse class of leaders from across the global finance industry….
Fidelity Bank deepening technological innovations to lead peers
In view of the disruption caused by the Covid-19 pandemic, Nigerian Banks are finding that innovation is a critical requirement for survival even in the short term. This is especially germane given the new vista opened by digital banking solutions…
Stanbic IBTC gives tips On Investing in Uncertain Times
Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, recently organised a webinar themed ‘Investing in Uncertain Times’ via Instagram, as part of the Stanbic IBTC #BlueTalks series. The session featured Fadekemi Obasanya, Head Investment Management and Ekene…
