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NASD admits NGX shares on platform

NASD OTC has admitted the shares of the recently-demutualised Nigerian Exchange Limited (NGX) SDNGX. At a virtual interactive session organised by NASD Plc in collaboration with the Central Securities Clearing

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‘African governments must digitise to survive’

For Nigeria and other African countries to be resilient, innovative and achieve inclusive administration, their governments must embrace digitisation. The post ‘African governments must digitise to survive’ appeared first on

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Kanye West Sneakers Fetch Record $1.8M at Private Sale

A pair of prototype Nikes worn by Kanye West during a performance at the Grammy Awards in 2008 has shattered the record for a pair of sneakers ever sold. Sotheby’s

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Apple boosts US investment pledge to $430 bn

Apple announced Monday it plans to boost its investment plans in the United States to $430 billion over the next five years, saying this would add some 20,000 jobs. The

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Stanbic IBTC Holdings PLC unaudited financial results for the first quarter ended 31 March 2021

Stanbic IBTC Holdings PLC unaudited financial results for the first quarter ended 31 March 2021 The post Stanbic IBTC Holdings PLC unaudited financial results for the first quarter ended 31

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BoI to tackle youth unemployment with tech hubs

Bank of Industry By Cynthia Alo   Worried about the high level of youth unemployment currently at 33.3 per cent, the Bank of Industry (BoI) has announced plans to establish

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Polaris Bank records N28.9bn gross profit in 2020

By Babajide Komolafe Polaris Bank Limited has recorded Profit Before Tax (PBT) of N28.9 billion in its financial year ended December 2020. This represents a four percent growth when compared

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Naira4Dollar scheme may have boosted foreign exchange inflow

…But forex dealers list some challenges By Emeka Anaeto, Business Editor There are indications that the Central Bank of Nigeria’s Naira4Dollar scheme may have gained traction as authorized dealers hinted

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Transcorp makes new appointments to its board, announces new subsidiary Chief Executive Officers

Famuyibo and Sambo Become Independent Non-Executive Directors Ozoude is MD/CEO of Tran-Afam Power Ltd; and Ikenga is MD/CEO, Transcorp Energy Ltd. The Board of Transnational Corporation of Nigeria Plc (Transcorp),

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Analysts bullish on equities outlook

STOCK Banking stocks jolt market back to life By Nkiruka Nnorom   The equities market has been jolted back to life after over two months of depressed trading and bearish