07

Dec

UAC completes unbundling of 649,392,661 UPDC REIT units to its shareholders

UAC has announced the completion of the unbundling of the Company’s 649,392,661 UPDC REIT units to the shareholders of UAC, effective November 11 2021. Qualifying UAC shareholders have been credited with UPDC REIT units in accordance with the terms of the Scheme of Arrangement. The Scheme was effected by the transfer of the units held by UAC […]

07

Dec

First Bank declares N40.79bn profit in Q3 2021

First Bank of Nigeria Holdings on Monday published its audited third quarter for the period ended 30 September 2021. Gross Earnings of N427.397 billion was achieved for the nine months period, down by 2.85% from N439.923 billion recorded the previous year. Profit after tax of N40.791 billion was reported for the nine months period, down by 40.15%[…]

07

Dec

Osinbajo to Headline NGX Capital Market Conference

Nigerian Exchange Limited (NGX) is set to host the Vice President, Federal Republic of Nigeria, His Excellency, Professor Yemi Osinbajo, SAN, GCON, at the inaugural Nigerian Capital Market Conference on Tuesday, 30 November 2021. Themed “The Future Ready Capital Market: Innovating for Nigeria’s Sustainable Recovery”, the flagship Conference will bring together policymakers, government, financial experts, business leaders,[…]