20

Jul

Wema Bank to commence N40bn rights issue in August

Wema Bank Plc has concluded arrangement to commence its N40 billion rights issue to the existing shareholders of the bank in August. Following the completion of the Bank’s share reconstruction exercise, the Board of Directors of the Bank has been authorised to raise capital of N40 billion by way of a rights issue to the existing shareholders […]

20

Jul

Tripple Gee reports N467m as turnover in 3 months

Tripple Gee & Company Plc on Tuesday published its First Quarter report for the 3 months ended, 30 June 2022. The Company reported a turnover of N467.365 million, up by 81.95% from N256.869 million reported the previous year. Profit after tax of N2.392 million was reported for the period under review as against the loss after tax[…]

20

Jul

FG unveils Nigerian National Petroleum Company Limited

President Muhammadu Buhari at the unveiling of the Nigerian National Petroleum Company Limited has assured that the new company will guarantee energy security in the country President Buhari described the NNPC Limited as the largest national oil company in Africa. He said the new enterprise would also support sustainable growth across other sectors of the economy as[…]