CATEGORY
Quick Take
Edo Transforms to Nigeria’s Oil Refining Hub, as Edo Refinery Orders 200,000 Barrels of Crude
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… Duport Refinery gets 5000 barrels of crude
In line with Governor Godwin Obaseki’s drive to transform Edo State into a major investment and industrial haven in...
Heirs Insurance Announces Senior Leadership Appointments and Corporate Name Change
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Heirs Insurance companies – Heirs General Insurance Limited (formerly Heirs Insurance Limited), and Heirs Life Assurance (HLA) - have announced appointments to their senior...
NGX Reports Q1 Loss From Core Operations as Transaction Fees Income Fall
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The Nigerian Exchange Group (NGX), is struggling to grow its core operations as the exchange posted a loss of N109.54 million for the first quarter...
Femi Otedola Sells Transcorp Stake to Tony Elumelu in Corporate Truce
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Nigerian billionaire Femi Otedola has sold off his entire shares in Transcorp Plc to Tony Elumelu, the company’s chairman and largest shareholder, bringing about...
Elumelu Welcomes Otedola’s Investment in Transcorp, Says it Validates Management’s Vision
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The Group Chairman of Transnational Corporation Plc (Transcorp), Tony O. Elumelu, CFR, says he welcomes the recent investment in the firm by Billionaire investor...
Transcorp to List Power Subsidiary in 5-years, Acquire More Assets
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Transnational Corporation Plc (Transcorp), Nigeria’s largest listed conglomerate, will list its power subsidiary on the Nigerian Exchange Group (NGX), in 5-years’ time, and will...
Guaranty Trust Holdings N35.60bn Impairment on Ghana Securities Mar Profit
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Guaranty Trust Holdings Company (GTCO) Plc has been hit by a N35.60 billion loss relating to Group exposure to the securities issued by the...
APC Wins 15 Governors, PDP 9, NNPP 1, LP 1
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Results of 26 of the 28 governorship elections which have been announced by INEC, shows the All Progressives Congress (APC) won in 15 states,...
This Loss Making Insurer’s Stock is up 260% So Far in 2023
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International Energy Insurance Plc (IEI)Â stock is up a whopping 260% in the year 2023, making the Insurer, the best performer on the Nigerian Exchange...
Understanding Zero-Coupon Bonds
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By DATAPRO
Zero-Coupon Bonds are a type of debt securities that are purchased at a discounted price and redeemed at full face value upon maturity...