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FebEuropean Union to invest Є820m in Nigeria Digital Economy
The European Union has announced that it will invest €820 million in Nigeria Digital Economy The Executive Vice-President of European Commission, Margrethe Vestager disclosed this a recent meeting with Vice President Yemi Osinbajo. According to Margrethe Vestager, the €820 million was included in the Global Gateway Africa-Europe Investment Package worth […]
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FebUAC appoints Ayomipo Wey as Company Secretary
The Board of Directors of UAC of Nigeria Plc has notified the Nigerian Exchange Limited, its shareholders and other stakeholders of the appointment of Ms. Ayomipo Wey as Group General Counsel/Company Secretary, effective February 8, 2022. As the Group General Counsel/Company Secretary of UACN, Ayomipo will guide and advise the[…]
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FebHoneywell reports N209m as profit in Q3 2021
Honeywell reports N209m as profit in Q3 2021February 14, 2022 WOLEHoneywell Flour on Friday published its Q3 report for the 9 months ended 31 December 2022.A turnover N99.875 billion was reported for the nine months period, up by 22% from N82.125 billion reported the previous year.Profit after tax of N209 million[…]
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FebCBN to discontinue sale of forex to banks by year end
The Governor of the Central Bank of Nigeria, Godwin Emefiele has said that the apex bank will stop the sale of foreign exchange to banks by the end of the year.According to Emefiele, banks must begin to source their forex from export proceeds.“The era is coming to an end when,[…]
