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Thursday, April 25, 2024
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Wealth

Nestle S.A increases Stake in Nigerian Subsidiary

Nestle S.A, which is the major shareholder in Nestle Nigeria increased its shareholding in the local subsidiary by 229,697 shares earlier this week at...

Benedict Peters of Aiteo Plans $1bn Platinum Mine in Zimbabwe

Nigerian billionaire Benedict Peters of Aiteo Group which owns Bravura Holdings, has $1bn available for the development of a platinum mine in Zimbabwe, its...

Nigeria’s Pension Regulator PENCOM Unveils Transfer of Accounts Scheme

Nigeria’s Pension Funds regulator or PENCOM has unveiled a scheme that will enable Retirement Savings Account (RSA) holders to transfer their accounts from one...

Airtel Africa to Pay Interim Dividend of $1.5c

The Board of Airtel Africa has confirmed an interim dividend of $1.5c (one and half cents of the US dollar) per ordinary share will...

First Bank Chief Risk Officer Purchases 1.36 million New Shares

The Chief Risk Officer of First Bank of Nigeria Olusegun Alebiosu, has purchased 1.36 million new shares of FBN Holdings, according to a filing...

Chemical and Allied Products, Portland Paints Propose N2.3bn Merger

The Boards of Directors of Chemical and Allied Products PLC (CAP) and Portland Paints and Products Nigeria Plc have taken a decision to merge their...

50 Cent Endorses Trump After Seeing Biden’s Tax Plans

It appears 50 Cent knows who he's voting for. The 45-year-old hip-hop mogul -- born Curtis James Jackson III -- took to Instagram on Monday to offer his support...

Caverton Helicopters Directors Purchase 69m New Shares in Bullish Bet

Two prominent Directors in Caverton Helicopters and a related party have purchased a combined 69 million new shares in the firm which services Nigeria’s...

Dangote Sugar Refinery Lists Additional 146m Shares

Dangote Sugar Refinery Plc has notified the Nigerian Stock Exchange (NSE) and shareholders of the listing of an additional 146,878,241 ordinary shares of the...

What to Know About Dangote Cement Share Buyback Plan

Dangote Cement announced a share buyback program late last year that intends to repurchase up to 10 percent of outstanding float of the company. A share...

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