27 C
Lagos, South Africa and New York
Monday, August 3, 2020

Access Bank unveils financial grants for female SMEs

By Chinyere Joel-Nwokeoma Lagos, July 28, 2020 Access Bank Plc has unveiled the second edition of its Womenpreneur Pitch-a-ton programme that offers female entrepreneurs in Africa access to finance, business trainings and mentoring opportunities. Ayona Trimnell, Group Head W Initiative, Access Bank, at the launch of...

NNPC confirms $1.5 bln oil prepay deal with traders Vitol, Matrix

LAGOS - Nigeria’s state oil firm NNPC has signed a $1.5 billion prepayment deal led by Standard Chartered and backed by oil traders Vitol Group and Matrix Energy, two sources close to the matter said, the first such agreement since the coronavirus pandemic. The deal...

Eterna Plc appoints new CEO, as Mahmud Tukur Resigns

Eterna Plc notifies the Nigerian Stock Exchange and the general public of the impending retirement of Mr. Mahmud Tukur as Managing Director/Chief Executive Officer of Eterna Plc with effect from 31st August 2020, having successfully completed a maximum tenure of 10 years. In line with...

NASD Plc Appoints Mr. Kyari Abba Bukar as Independent Non-Executive Director

NASD PLC is pleased to announce the appointment of Mr. Kyari Abba Bukaras an Independent Non-Executive Director on its Board. Mr. Kyari Bukar is a consummate professional with over 30 years’ experience in information technology, financial services and business analytics. Mr. Bukar holds a B.Sc....

Medview Airline Plc Plans sale of AircraftS

Medview Airline Plc wishes to inform its shareholders, The Nigerian Stock Exchange and other stakeholders that the Board of the company at its meeting held on Thursday, 23rd July 2020, arrived at the following resolutions: Approval for the sale of two aircraft viz; 8737-4AO 5NMAA in...

Insider Stock Deals: Ex-GTBank MD Purchase 3,000,000 Shares UBA Shares

United Bank for Africa (UBA) Plc on Thursday announced that one of its executive directors purchased total shares of 3,000,000 between July 15, 2020. This was disclosed in a statement signed by Bili A. Odum, Company Secretary, United Bank for Africa Plc and released on...

Insider Stock Trade Dealing: Nigerian Billionaire Tony Elumelu Scopes Additional 2,199,373 UBA Shares

Tony Elumelu, Chairman of United Bank for Africa Plc, acquired an additional 2,199,373 Shares of the Bank on Thursday, in accordance with the new Nigerian Stock Exchange policy on insider dealing. This was in addition to the 62,643,500 and 6,980,426 shares purchased between 20 and...

LafargeHolcim to introduce green concrete in Africa

Lagos, July 24, 2020 LafargeHolcim is to introduce ECOPact, the industry’s broadest range of green concrete in Africa. A statement by the company in Lagos on Friday said the introduction of the product was coming after a successful market adoption in Europe. “ECOPact is now...

Airtel Africa partners Mukuru to facilitate cross-border money transfers

By Itohan Abara-Laserian Lagos, July 23, 2020 Airtel Africa and Mukuru have partnered to enable Mukuru customers to instantly send cross-border transfers directly to Airtel Money customer wallets in 12 African countries. Mr Raghunath Mandava, the Chief Executive Officer, Airtel Africa, said this in a...

Insider Trading: Sterling Bank Discloses 18,896,605 Shares Purchased by 4 Directors

The Sterling Bank Plc on, Tuesday, disclosed insider dealings of 18,896,605 shares acquired by four of the company’s Executive Directors between July 13 and 16, 2020. In a statement signed by the Company Secretary, Temitayo Adegoke, Sterling Bank released through the Nigerian Stock Exchange, the...
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