FG to borrow unclaimed dividends, funds in dormant accounts
The Federal Government has announced plans to borrow unclaimed dividends and funds in dormant account balances of Deposit Money Banks.
It disclosed this under Part...
Market capitalisation dips by N69Bn at NSE
Activities on the Nigerian Stock Exchange (NSE) returned to bearish mood on Tuesday following sell pressure in blue chips, forcing the market capitalisation to...
Huggies manufacturer plans to shutdown factory in Lagos in Q2
Manufacturer of Huggies and Kotex brands of diapers an American multinational personal care company; Kimberly-Clark, has said that it will close its factory in...
Shareholders of Access and Diamond bank assent to merger
Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions.
The shareholders gave the approval at an...
Total Nigeria reports N163.22 loss after tax
Total Nigeria Plc has reported a loss after tax of N163.22m for the first quarter ended March 31, 2020, as against N474.089m posted in...
Dana Air MD, others for Court Appearance on October 13
The Federal Government will, on October. 13, arraign the Managing Director (MD), Dana Air, Hathiramani Jacky Ranesh, in a Federal High Court, Abuja on...
SIFAX Group appoints Group ED, Head Legal
SIFAX Group, a group of companies with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality, has announced two...
Rabiu Appointed Inaugural President of France-Nigeria Business Council
French President, Emmanuel Macron has inaugurated the France-Nigeria Business Council – a private sector initiative to enhance business relations between the two countries.
The Founder/...
CBN orders banks to update Anti-Money Laundering protocols
The Central Bank of Nigeria (CBN) has advised all banks to update alert protocols in their Anti-Money Laundering/Combating the Financing of Terrorism monitoring tools,...
Taiwo Afolabi Becomes SIFAX Group Board Chairman
SIFAX Group has announced the appointment of Dr. Taiwo Afolabi as the new Board Chairman of the company.
Afolabi, who was until this appointment the...
