YouNewsng Discover. Succeed. Enjoy
As part of its restructuring process for greater market share, Dangote Flour Mills has reopened its plant in Kano with plans to grow wheat in the state. The plant was shut down by Tiger Branded Consumer Goods of South Africa following its acquisition of the flour mill. The reopening ceremony and commissioning of new machines at the plant location in ...
Bonanza
May, 2016
-
23 May
GTBank redeems $500,000,000 Eurobond
Guaranty Trust Bank plc on Thursday announced the redemption of the outstanding portion of the $500,000,000.00 Eurobond Notes due May 19, 2016. In February 2016, the bank successfully issued a Cash Tender Offer to repurchase any and all the outstanding $500 million 7.5% Eurobond Notes due May 2016 as part of its effective liability management strategy. The tender was the ...
-
23 May
One year in office: Gov. Ugwuanyi set to commission road projects
Governor Ifeanyi Ugwuanyi’s desire to commission some completed road projects in the state as part of the activities marking his one year in office. Speaking during an inspection tour of the ongoing road projects in the state, the Chairman of the committee, Arc. Chris Offor commended Governor Ugwuanyi for his development initiatives and commitment to his campaign promises to the ...
-
23 May
UBA Next Generation Lauch In Nsukka,..A Huge Success
There are clear indications that UBA next generation,activities at, University of Nigeria Nsukka, From the 16th-20th of May,was a huge success. All the fun is happened on campus at University of Nigeria Nsukka! It was fun with lots of music, dance, rap contest, fun activities, and awesome give away gifts…..plus you get to open a UBA Next Gen account ..Preceeding ...
-
19 May
Fidelity Bank presents duplex, cash prizes to promo winners
Fidelity Bank Plc has presented a four-bedroom detached duplex in Lekki, a power generating set, refrigerator and cash gifts to lucky winners in its just concluded Save-for-Shelter promo held nationwide. Mrs. Clara Ibedu, who won the star prize of a house, was presented the house yesterday in Lagos, making her the third customer to have won a house, with two ...
-
13 May
Skye MD, Says Bank Contribution To Agric Sector Hits 10%,..Advises SME
The Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Timothy Oguntayo, has disclosed that the bank’s agricultural portfolio had reached about 10 per cent from five per cent two year agonke, showing its support to the development of the nation’s economy. Oguntayo who said agriculture comprised a significant portion of our portfolio in Skye Bank, noted that From ...
-
9 May
MTN loses 6.5 million data subscribers, Glo gains
The 2016 first quarter telecoms industry report has shown that MTN Nigeria lost 6.5 million Internet subscribers between the months of January and March. From a report published on the website of the Nigerian Communications Commission, the company began the year with 39,924,737 data customers, “but ended the quarter with 33,356,595.” It showed that another telco, Globacom, garnered 1,448,354 fresh ...
-
9 May
AMCON Appoints Debt Recovery Firms As Partners
The Asset Management Corporation of Nigeria (AMCON) has appointed Asset Management Partners (AMPs) to assist in the resolution of over six thousand accounts with loan balances of N100 million and below. The AMPs are consortia with specialist skills to recover and resolve debts in banking, legal, valuation and accounting. The new partners are currently involved in an induction programme prior ...
April, 2016
-
27 April
South African ‘Pick & Pay Set To Rival Shoprite In Nigeria
Pick n Pay, another South African retail mall in the mould of Shoprite, has announced plans to come into the Nigeria market. The company, which posted a 26-percent increase in profit for 2015, said it had examined the opportunity in Nigeria and will be investing in the country. “A key part of the Group’s strategy is to establish a second engine ...
-
22 April
Zenith Bank Emerges Toast Of Investors At Stock Exchange
The Nigerian Stock Exchange on Thursday sustained positive growth with the market capitalisation appreciating further by N43 billion. Zenith Bank was the toast of investors, trading 21.56 million shares worth N259.39 million. It was followed by Guaranty Trust Bank with a total of 21.52 million shares valued at N345.55 million, while FBN Holdings traded 17.07 million shares worth N57.46 million. ...
