CATEGORY
Wealth
Vitafoam Announces Final Dividend of 0.70 Per Share
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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
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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
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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
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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
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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
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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
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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
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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...
Elon Musk Overtakes Bill Gates Now World’s Second-Richest
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Elon Musk's ascents hit a new apex Monday as the Tesla Inc. co-founder passed Bill Gates to become the world’s second-richest person.
The 49-year-old entrepreneur’s...
Accelerex Holdings Secures $20m from Africa Capital Alliaceto Expand Agency Banking Busines
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Mauritius-based Accelerex Holdings the parent company of Global Accelerex has secured a $20 million funding from a private equity firm, Africa Capital Alliance (ACA)...