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    November 14, 2018

    Book on Dividend Payment Profile of Quoted Firms Underway

    The management of Third Observers Nigeria Limited has announced the forthcoming publication of its compilation of Dividend Payment Profiles of Listed Companies in Nigeria to complement its annual Dividend Payment Awards for Nigeria’s Listed Companies, which second edition is slated for March 2019 in Lagos. The maiden edition of the dividend payment awards was held

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    November 14, 2018

    Samsung Launches QLED TV 2018 Edition into Nigerian Market

    Samsung Electronics West Africa has launched its newest and smartest Television yet, The Samsung QLED TV 2018 into the Nigerian market. According to the company, the QLED TV 2018 features impeccable picture quality, inspiring style, and ingenious ways for users to find content; removing anything that distracts, detracts, or delays from the experience. The media

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    November 14, 2018

    Proptech to Drive Residential Growth in Nigeria via Technology

    The deployment of technology to make Nigeria’s real estate sector more investable, increase liquidity to drive greater home ownership, will be a major talking point at this year’s West Africa Property Investment (WAPI) Summit taking place on 15 and 16 November in Lagos. For PropTech pioneer, Abdulhakeem Sadiq, the Founder and Chief Executive Officer of

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    November 14, 2018

    ‘Investment Climate Strengthens in Africa’—Index Report

    Africa’s investment environment for both businesses and financial investors is now reviving, with a continuing and steady improvement in the trade-off between risk and reward as growth on the continent rebounds, the third edition of the Africa Risk-Reward Index from specialist risk consultancy Control Risks and Oxford Economics finds. After several years of political and

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    The Samsung QLED TV, 2018 model
    November 12, 2018

    Samsung Unveils QLED TV, 2018 Model

    L-R: Executive Director, SIMS Nigeria Ltd (SIMS), Mr. Ike Eyisi; Executive Director, Technologies Distributions Ltd (TD), Ms. Sarah Agha; Event Compere, Ms. Bisola Aiyeola; and Logistics Manager, Samsung Electronics West Africa, Mr. Eunso Shin during the launch of Samsung’s newest and smartest Television, The Samsung QLED TV, 2018 model in Lagos.

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    Calixthus Okoruwa CEO, XLR8
    November 12, 2018

    XLR8 wins International Breweries PR Account

    International Breweries Plc, the Nigerian subsidiary of AB InBev, the world’s largest brewer has appointed leading communications consultancy, XLR8 to manage its public relations. The appointment which is sequel to a competitive bid, will see XLR8 taking responsibility for all of the company’s corporate as well as brand-related communications. International Breweries is home to celebrated

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    November 12, 2018

    Africa’s Agribusiness, a $1tr Business by 2030

    As project sponsors, borrowers, lenders and investors gathered at the Africa Investment Forum to make deals on investment opportunities, leaders of the continent’s top agribusiness companies shared their thoughts on the future of the industry. With its vast agricultural potential, Africa’s agribusiness sector is predicted to reach US$1 trillion by 2030. Agribusiness will become the ‘new oil”

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    Mrs. Cecilia Osipitan Managing Director/CEO Great Nigeria Insurance Plc
    November 7, 2018

    ‘Great Nigeria Insurance Has Not Erred Against SEC, NAICOM Rules’

    Great Nigeria Insurance Plc has never received any warning, query or sanctions regarding insider trading from the Securities and Exchange Commission (SEC) or National Insurance Commission (NAICOM) which both provide regulatory framework for the company, contrary to allegations by the House of Representatives Sub-Committee on Capital Market and Institutions following the public hearing held on

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    November 7, 2018

    ‘AMCON Amendment Bill on Debt Recovery Ready Soon’

    R-L:Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri; Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru and Vice Chairman, House of Representatives Committee on Banking and Currency, Hon. Salisu Ningi when the committee visited AMCON as part of its oversight function

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    November 6, 2018

    Staco Insurance Denies Allegations of Market Infractions

    Staco Insurance Plc has firmly denied allegations of market infractions levelled against it, saying it remains committed to professionalism in insurance practice in Nigeria. An official statement by Mr. Bayo Fakorede, the acting Managing Director/CEO of the company reads: ‘In a seeming response to the news of infractions by some insurance firms on the invitation

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    November 6, 2018

    Akporjii of Nigeria Elected Secretary, African Housing Finance Union

    The members of the African Union for Housing Finance elected their new Board of Directors at the AUHF’s 34th Annual General Meeting, which was held in Abidjan, Côte d’Ivoire, on the 25th October 2018. The full, eight-member Board will serve for two years, and comprises the following members: Mr. Joseph Chikolwa, Managing Director of Zambia National

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    nse
    November 6, 2018

    Local Bourse Reverses Negative Performance…ASI up 0.33%

    In line with our expectation, the domestic equities market gained 33bps in yesterday’s session to settle at 32,154.03 points due to bargain hunting in bellwethers NIGERIAN BREWERIES (+1.3%), NESTLE (+3.6%), and UBA (+4.0%). As a result, market capitalisation increased by N38.6bn to N11.7tn while YTD loss moderated to -15.9%. Activity level was however mixed as volume traded fell 5.0% to 149.7m units while

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    November 6, 2018

    Africa Oil Week 2018 Highlights Key Challenges, Opportunities Facing Sector in Africa

    Africa Oil Week kicked off with a strong start for its 25th anniversary as delegates converged at the Welcome Reception to celebrate the spectacular opening of Africa Oil Week 2018 and today the conference got underway. The first session on Economic Outlooks was opened with key speakers including Jens Frølich Holte, State Secretary, Ministry of

    • By : Business Journal
    • Energy
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    November 2, 2018

    Doing Business 2019: Sub-Saharan Africa Implements 107 Reforms

    Governments around the world set a new record in bureaucracy busting efforts for the domestic private sector, implementing 314 business reforms over the past year, says the World Bank Group’s Doing Business 2019: Training for Reform report released yesterday. The reforms, carried out in 128 economies, benefit small and medium enterprises as well as entrepreneurs, enabling job creation

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    November 2, 2018

    ITU Re-elects Houlin Zhao as Secretary-General for 2nd Term

    Member States of the International Telecommunication Union (ITU) have re-elected Houlin Zhao of China as ITU Secretary-General during the Union’s 20th Plenipotentiary Conference (PP-18) in Dubai, United Arab Emirates. The election took place in Dubai, United Arab Emirates, during the plenary session of the PP-18 conference yesterday. Zhao won the position with 176 votes from

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