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Sunday, January 17, 2021
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CATEGORY

Wealth

Ardova Plc to Acquire Enyo Retail and Supply Limited

Ardova Plc (AP), a leading Nigerian integrated energy company, and the shareholders of Enyo Retail and Supply Limited (“Enyo”) have entered discussions relating to...

Elon Musk Surpasses Jeff Bezos to Become World’s Richest Person

Elon Musk the entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. A 4.8 percent rally in the electric carmaker’s...

Vitafoam Announces Final Dividend of 0.70 Per Share

Vitafoam Nigeria Plc has announced a final dividend of N0.70 per share, to be paid to shareholders whose names appear on the Register at...

Why MTN Nigeria Director Spent N126m to Buy New Shares

An Executive Director in MTN Nigeria (MTNN) Karl Toriola has just spent a whooping N126.6 million to purchase 769,084 shares in the Telecommunications giant. Toriola...

Stanbic IBTC Changes Minimum Subscription for Dollar Fund to $1,000

Stanbic IBTC Asset Management has announced a change in minimum dollar fund subscription amount to $1,000 for its Foreign Currency (FX) denominated mutual fund. “We...

Dangote Sugar Bucks Economic Slowdown, Emerges Best Consumer Goods Stock

Dangote Sugar Plc solid performance which has seen it beat its full-year profit target even amid an economic downturn, has earned it buy rating...

Dangote Cement Commences First tranche of Share Buyback Worth N19.5bn

Dangote Cement Plc (DCP) has commenced the first tranche of its share buy-back programme worth an estimated N19.5 billion, according to MoneyCentral calculations. The Share...

United Capital Raises N15 bn in Series 3 Commercial Paper Issuance

United Capital Plc has successfully raised N15 billion in its recently-issued Series 3 Commercial Paper (“CP”), under a N20 billion program registered with the...

Nigerians Can Apply as Molai Launces $1m Fund for African Entrepreneurs

Africa industrialist Adam Molai has launched a $1-million fund to provide entrepreneurs with capital to kickstart or expand their enterprises, in a massive boost...

ValuAlliance Value Fund Proposes N10 per Unit Distribution

The ValuAlliance Value Fund, formerly called the SIM Capital Alliance Value Fund is proposing a distribution of ₦10.00/unit, for the financial year ended 30th...

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