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FebMTN Nigeria’s public offer oversubscribed by 139.47%
The result of the first public offer of MTN Nigeria Communications ordinary shares has been published on the website of the Nigerian Exchange. According to the telecom giant: The offer was 139.47% oversubscribed, activating the allocation of an additional 86.25 million shares. Retail shareholders received full allotment despite over-subscription Institutional […]
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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[…]
